LINK Prints New All-Time High Above $50 As Its Market Cap Surpasses $20 Billion

11-ranked digital currency Chainlink (LINK), broke above the $50 price mark a short while ago, setting a new all-time high on the leading Coinbase exchange.

The previous ATH was reached on April 15, when LINK topped the $40 level.

Meanwhile, the coin’s market capitalization value has surged above the $20 billion level overnight, adding more than one billion USD.

As Bitcoin is consolidating around the $55,000 level after dropping from $58,000 a few days ago, altcoins are surging with DOGE being the leader so far.

Elon Musk’s favorite cryptocurrency now is the holder of the top-four spot on the CoinMarketCap scale with Dogecoin hitting a new all-time high of $0.60 on May 4.

The second largest cryptocurrency Ethereum also printed a new all-time high of $3,500 on May 4.