cLink is a type of cToken that is distributed to users who lend assets on the Compound network. cTokens are a way for lenders to track how much they've lent, as well as the interest they've earned. A corresponding balance in cTokens is issued to each user who contributes funds to the lending pool.
cLINK Price Analysis
As of November 24 2024 cLINK has a marketcap of $2.4M.
This is {{percentagefromath}} from its all time high of $0.448247.
In terms of its tokenomics, there's a total supply of 6.6M with 100% currently outstanding.
Keep in mind cLINK has a fully diluted value of $2.4M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
