August 12, 2019: Chainlink (LINK): Up 3.89%; Surprising Moves In Holders Added And Transfers Added; Price Crosses 20 Day Average

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 Price Update

Chainlink’s current price, at the time of this writing, is $2.432 USD, up by approximately 3.89% from the day prior. This marked the the 3rd day in a row Chainlink has been up; it is still in a unclear trend, and is currently 3.61% above its 20 day moving average; staying above this level may be critical to sustain short-term momentum. Chainlink’s expected trading range — as forecasted by the Bollinger bands indicator, which determines a range based on momentum and volatility over the past two weeks — is between $2.018589 and $2.676011. Price’s current proximity to the top of the range may make shorting 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

The currency’s market cap currently stands at $845 million US dollars.

What Anamolies Occurred Since Yesterday?

The following metrics showed unusual change over the past 24 hours for Chainlink: holders added and transfers added. Further investigation may be warranted.

Update on Transactions and Holders

Over the past 24 hours, 10,401 transfers have been added to the blockchain recording transactions amongst holders of Chainlink. In terms of estimating the number of holders, over the past day the total number of wallets holding Chainlink has gone up by approximately 242. To provide context, we’d rank this token as 8 out of the 70 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.

Just How Rich are Chainlink’s Richest Holders?

Of the coin’s total money supply, the richest 1,0000 wallets currently own 91.85%. The percent of the currency that is owned by wallets that are both belonging to exchanges and in the top 1,000 richest wallets of the token comes out to 0.88% of the currency’s money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by -0.04%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.1%.

Technical Development Status

The last activity date on Chainlink’s GitHub repository was August 11, 2019, or about 1 days ago. 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 0.03 per day, while the number of followers watching Chainlink’s repositories is growing by 1.37.

Chainlink’s Social Media Presence

Traders interested in following Chainlink has the biggest presence on Twitter, where it has 30,654 users engaged. You can follow Chainlink on Twitter here.

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