Chainlink: What’s the Latest Regarding its Price?
Chainlink’s current price, at the time of this writing, is $2.131 USD, down by approximately 3.75% from the day prior. The down day for Chainlink yesterday was a reversal from the day before it, which puts its price at 14.04% below its 20 day moving average. Over the past two weeks, price has been in a down trend. In terms of an expected trading range, the Bollinger bands on Chainlink suggest price may bounce between $2.094041 and $2.864159 based on its momentum and volatility over the past 14 days. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
Where to trade Chainlink (symbol: LINK): Gate, Yobit, Binance, DDEX
The market capitalization of Chainlink, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $777 million.
Update on Transactions and Holders
Yesterday saw 8,655 transfers amongst holders of Chainlink. As for the number of holders, yesterday saw the number of wallets holding Chainlink rise by 393. If we observe percentage growth in holders and transfers, we find that Chainlink ranks 1 out of the 38 Ethereum tokens we are tracking.
How are the Strong Holders of Chainlink Faring?
The top 1,000 Chainlink wallets hold over 91.9% of the token’s total money supply. If we focus on exchanges, which may be an correlated with liquidity and greater confidence in the currency, the exchange wallets that are in the top 1,000 wallets own 1.08% of the currency’s total money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by -0.06% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.61%.
Technical Development Status
The last activity date on Chainlink’s GitHub repository occurred on today, August 01, 2019. To understand how code development is progressing, we can observe growth rates over the past 30 days in the number of open issues and the number of watchers: open issuers have been growing at about 0.2 per day, while the number of followers watching Chainlink’s repositories is growing by 1.9.
The Latest on Chainlink and Social Media
In the past day, Chainlink’s Twitter followers and Reddit subscribers went up by 178 and 42. If you are interested in following Chainlink on social media, Twitter, where it has 29,115 following it, may be a good place to start. Here is the Twitter page for Chainlink.
Where to Buy
You can trade Chainlink, listed under the symbol LINK, through the following exchanges: Gate, Yobit, Binance, DDEX.
Article by SixJupiter
