Dark Horse Cryptocurrency Spikes 60% After Surprise Google Shout-Out

A little-known cryptocurrency spiked more than 60% after Google gave the project a surprise shout-out in an equally-unexpected blog post on how to use Ethereum and Google Cloud to build hybrid blockchain applications. From a report: That cryptocurrency, Chainlink (LINK), enjoyed a parabolic swing that launched its price as high as $2.00 on Binance. Just hours earlier, LINK had traded below $1.10. The Chainlink cryptocurrency spiked after Google showed how developers could use LINK to allow their Ethereum smart contracts to communicate with Google Cloud. As of the time of writing, the Chainlink cryptocurrency was priced at $1.86 on Binance, which translates into a 24-hour gain of 62%. That gives LINK a $619 million market cap, rocketing it to the 23rd spot in the market cap rankings and vaulting it past better-known crypto assets including Zcash and Dogecoin.

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