LINK, which is the native token of decentralized oracle network Chainlink, is now the fifth most valuable cryptoasset by market cap after a huge price surge in the past 24-hour period.

According to data from CryptoCompare, by 00:10 UTC on August 13, LINK reached the intraday high of $16.97.

Shortly afterwards, Cameron Winklevoss, who is the Co-Founder and President of digital asset exchange Gemini, alerted his Twitter followers to this “flippening”:

Currently (as of 06:09 UTC on August 13), it is trading around $16.58, up 28.5% against USD in the past 24-hour period:

As for Bitcoin Cash (BCH), it is currently (as of 06:23 on August 13) trading around $283.02, up 2.44% against USD in the past 24-hour period:

The reported market cap of Chainlink (#5) is around $5.80 billion while that of Bitcoin Cash (#6) is around $5.24 billion.

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