Data analytics platform Sentiment commented on the recent LINK price jump amid a volatile crypto market.

A team of analysts at data analytics platform Sentiment believe there are two possible reasons for LINK’s price to rise above $9.

According to Sentiment’s tweet, LINK’s price briefly rose to $9.20, the highest level not seen since mid-August.

The analytics platform sees the LINK price being driven by massive activity from LINK wallets over the past month.

Plus, traders are pushing LINK more especially after higher cash rates.

At the time of writing this article, LINK cryptocurrency is trading close to the aforementioned three-month high.

The coin is trading at $8.70 but still showing a 7% gain in the last 24 hours.

On November 3rd, Chainlink posted a tip about a new partnership with a decentralized gaming company.

Through this partnership, Chainlink intends to support the expansion of GameFi and NFT venues using its Oracle services.

Meanwhile, the LINK community is waiting for an official announcement from Chainlink, as the exact date is yet to be announced.

It is worth noting that whales are actively buying LINK currency.

By the end of last October, the number of wallets with more than 100,000 links had reached 459.

This number is the highest since 2017.

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