Chainlink Price Update
Chainlink’s current price, at the time of this writing, is $2.341 USD, up by approximately 0.43% from the day prior. Chainlink is currently in a unclear , but it should be noted that this is now the the 2nd consecutive day that price has been up. Moreover, Chainlink is now 0.01% below its 20 day moving average. 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 $2.007893 and $2.674807, based on how price has behaved in the two weeks prior. 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
As for Chainlink’s market cap, it is currently at about $819M US dollars.
Daily Engagement Metrics Update
Over the past 24 hours, no transfers have been added to the blockchain recording transactions amongst holders of Chainlink. Regarding a tally of holders, Yesterday saw Chainlink’s wallet count decline by 0. To provide context, we’d rank this token as 7 out of the 36 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Observing Chainlink’s Richest Wallets
The top 1,000 Chainlink wallets hold over 91.85% of the token’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 0.87% of the currency’s money supply. Exchange ownership grew by -0.21% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.05% over that time period.
How Much Development is Occurring?
In terms of how active the software development team working on Chainlink is, it may be worth observing that the last time any work pertaining to code was done on their GitHub code repository was on August 11, 2019 (today). 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 per day, while the number of followers watching Chainlink’s repositories is growing by 1.33.
What’s Going on Social Media?
Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 243 and 20 over the past day for Chainlink. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. 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.
Article by SixJupiter
