The great competition between the first 20 currencies in MarketCap

The cryptocurrency LINK, one of the most popular cryptocurrencies affiliated with the decentralized community Oracle, has left the listing of the top 20 cryptocurrencies on CoinMarketCap in terms of whole market capitalization.

At the same time, it looks that this is not her fault, as the intensification of opposition made her leave the listing to make way for new currencies.

LINK leaves the pinnacle 20 coins list, replaced with the aid of ALGO coins:
Today, December 2, 2021, the “LINK” cryptocurrency indicator is coloured red, and is down 7% in 24 hours.

As such, its complete market capitalization has fallen to $11.6 billion.

Just like Cardano (ADA), the digital foreign money LINK is trading much less than 50% from its all-time high recorded on May 9, 2021, above $52.

While the digital foreign money “ALGO”, which is a digital currency affiliated with the high-performance smart contract platform “Algorand”, showed a decrease of about 6.2%, however despite this it outperformed the digital forex LINK in terms of market capitalization.

ALGO delivered more than 50% in simply three months and entered the pinnacle 20 with the aid of market capitalization for the first time in its history.

The struggle rages between the huge digital currencies:

Meanwhile, LINK is leaving the pinnacle 20 no longer due to the fact of Algorand, however additionally due to the fact of the stunning rises of other big cryptocurrencies.

In current days, both “LUNA” and “MATIC” have risen to new historical levels.

The competition in the 10-20 zone has come to be very brutal.

Earlier today, the ADA cryptocurrency jumped 15%, after the CEO of IOHK emphasized the advantages of his project's programming language over Solidity.

LUNA, Terra's cryptocurrency, added 60% in one week and surpassed Shiba Inu.

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