Chainlink: What’s the Latest Regarding its Price?
Chainlink is down by approximately 5.29% from the previous day, with its price currently hovering around $2.184 USD. Chainlink is currently in a unclear , and it should be noted that this is now the the 3rd day in a row that price has been down. Moreover, Chainlink is now 8.24% below its 20 day moving average. In terms of an expected trading range, the Bollinger bands on Chainlink suggest price may bounce between $2.186667 and $2.573533 based on its momentum and volatility over the past 14 days. 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
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 $773 million.
Chainlink’s Surprises of the Day
Since yesterday, Chainlink saw anomalous behavior in holders added and transfers added. It may be worth looking into the causes of this a bit more.
Daily Engagement Metrics Update
10,538 transactions amongst holders of Chainlink occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Chainlink jump by 402. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Chainlink ranked 5 out of the 34 Ethereum tokens we’re tracking.
How are the Strong Holders of Chainlink Faring?
In terms of wealth concentration, the richest 1,000 wallets own 91.83% of the coin’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 0.82% of the currency’s total money supply. Exchange ownership grew by -0.06% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0% over that time period.
Technical Development Status
The last activity date on Chainlink’s GitHub repository occurred on today, August 22, 2019. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Chainlink are growing by -0.13 and 1.33, respectively, over the past 30 days.
Chainlink’s Social Media Presence
If you are interested in following Chainlink on social media, Twitter, where it has 31,432 following it, may be a good place to start. 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.
Article by SixJupiter
