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CEL has overtaken LINK as the most traded cryptocurrency among the top 100 ETH whales.
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Each of these tokens has increased in value over the past 24 hours, with CEL up 4% and LINK up 11%.
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Learn which option is better suited to your specific investment goals and expectations.
Celsius (CEL) is a popular financial services platform especially for cryptocurrency users.
Its main purpose is to allow users to receive periodic payments and interest held, and its native cryptocurrency is known as CEL.
Chainlink (LINK), on the other hand, is a blockchain abstraction layer whose main goal is to enable universally connected smart contracts.
There is a decentralized oracle network that allows the blockchain to have data from external data feeds, meaning smart contracts can benefit from off-chain data.
CEL, the native cryptocurrency of the Celsius network, overthrew Chainlink’s LINK cryptocurrency as the most traded among the top 100 ETH whales.
This happened at a later point Celsius announces suspension of withdrawals, deposits and inter-account transfers Due to “extreme market conditions”.
The question on the minds of investors today is which cryptocurrency is right for them.
Let’s look at each token individually to see what the growth potential looks like.
Should I buy Celsius (CEL)?
The value in Celsius (CEL) on June 16, 2022 was $0.4905.
The all-time high for the Celsius (CEL) cryptocurrency was on June 4, 2021 when the token reached a value of $8.05.
Looking at the previous month’s token performance, Celsius (CEL) hit a new all-time high at $2.1777 on May 5th.
The lowest price was $0.5141 on May 27th. Here we can see a value decrease of $1.6636 or 76%.
With this in mind, the $0.4905 CEL is a solid buy as the cryptocurrency could hit $1 by the end of June 2022.
If the cryptocurrency breaks below $0.4, it might be worth considering.
Should I buy Chainlink (LINK)?
As of June 16, 2022, Chainlink (LINK) was worth $6.547.
The token’s all-time high will be exceeded when it hits $52.70 on May 10, 2021.
Looking at last month’s token performance, Chainlink (LINK) hit a high of $12.22 on May 5th and a low of $5.79 on May 12th.
The value of the token has decreased by $6.43 or 52%. However, based on past performance, Chainlink (LINK) expects him to reach $11 by the end of June, giving him a solid token.
