August 9, 2019: Chainlink (LINK): Down 0.53%; 3rd Consecutive Down Day

May 11, 2020: Chainlink (link): Down 2.02%; Price Crosses 20 Day Average; 2nd Consecutive Down Day
May 11, 2020: Chainlink (link): Down 2.02%; Price Crosses 20 Day Average; 2nd Consecutive Down Day
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Chainlink: What’s the Latest Regarding its Price?

Chainlink’s current price, at the time of this writing, is $2.261 USD, down by approximately 0.53% from the day prior. This marked the the 3rd day in a row Chainlink has been down; it is still in a unclear trend, and is currently 3.97% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. Traders looking for a range to trade within may wish to note that the Bollinger bands (a price indicator based on recent momentum and volatility) for Chainlink imply the currency may oscillate between $2.088846 and $2.620054, based on how price has behaved in the two weeks prior. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.

Where to trade Chainlink (symbol: LINK): Gate, Yobit, Binance, DDEX

May 2, 2020: Chainlink (link): Up 0.72%; 2nd Straight Up Day

As for Chainlink’s market cap, it is currently at about $799M US dollars.

Daily Engagement Metrics Update

Over the past 24 hours, 4,697 transfers have been added to the blockchain recording transactions amongst holders of Chainlink. As for the number of holders, yesterday saw the number of wallets holding Chainlink jump by 285. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Chainlink ranked 6 out of the 36 Ethereum tokens we’re tracking.

Observing Chainlink’s Richest Wallets

The top 1,000 Chainlink wallets hold over 91.87% of the token’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 0.92% of the currency’s money supply. Exchange ownership grew by -0.12% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.02% over that time period.

How Much Development is Occurring?

Chainlink has been active recently on its GitHub repos, with its most recent code updates occurring today, August 09, 2019. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Chainlink are growing by -0.1 and 1.3, respectively, over the past 30 days.

Chainlink’s Social Media Presence

Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 177 and 12 over the past day for Chainlink. If you are interested in following Chainlink on social media, Twitter, where it has 30,357 following it, may be a good place to start. Use this link to follow Chainlink on Twitter.

Where to Buy

You can trade Chainlink, listed under the symbol LINK, through the following exchanges: Gate, Yobit, Binance, DDEX. May 2, 2020: Chainlink (link): Up 0.72%; 2nd Straight Up Day

Article by SixJupiter