Analyst names cryptocurrency that can rise above bitcoin

Cryptocurrency analyst Benjamin Cowen has spoken about an Ethereum-based altcoin that he believes can outperform the flagship cryptocurrency. In his new interview with Altcoin Dail, Cowen substantiated his positive sentiments about Chainlink (LINK).

«A lot of the information I talk about is related to my predictions of increasing bitcoin dominance. However, I always say that there are several altcoins that will outperform BTC, even if its dominance is growing now. And if everything is leading us to the end of the bearish cycle, we should pay attention to Chainlink, which will show itself very soon,» the analyst shared his point of view.

According to Cowen, the decentralized Chainlink blockchain network has been integrated into many projects to provide smart contracts and secure data exchange. «Chainlink works as the basis for many cryptocurrencies. Over the years, we have seen how many profitable cryptocurrency projects it has been integrated into, and it is time for LINK to grow in value,» summarized Benjamin Cowen.

At the time of writing, LINK is trading at $ 7.11, up 7.78% in the last 24 hours. At the end of September, Chainlink even became one of the most profitable cryptocurrencies of the day, adding about 8% in value.