How Did Chainlink’s Price Fare Yesterday?
At the time of this writing, Chainlink has a price of $1.784 USD, which puts it down by approximately 5.26% from yesterday. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 14.67% below its 20 day moving average, and is currently in a down trend over the past 14 days. In terms of an expected trading range, the Bollinger bands on Chainlink suggest price may bounce between $1.733638 and $2.447862 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 currency’s market cap currently stands at $647 million US dollars.
Chainlink’s Surprises of the Day
Yesterday, the metrics holders added and transfers added saw a daily change well outside what is usually experienced. An exploration as to what caused this may be worthwhile.
Update on Transactions and Holders
15,395 transactions amongst holders of Chainlink occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Chainlink increase by 553. To provide context, we’d rank this token as 3 out of the 30 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Observing Chainlink’s Richest Wallets
Of the coin’s total money supply, the richest 1,0000 wallets currently own 91.75%. 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 0.84% 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 -0.05% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.09%.
How Active are the Software Developers?
The last activity date on Chainlink’s GitHub repository was September 03, 2019, or about 1 days ago. Over the past 30 days, we’ve seen open issues across Chainlink’s GitHub repositories grow by 0.17 per day on average, while the number of watchers has grown by 1.27.
Chainlink’s Social Media Presence
In the past day, Chainlink’s Twitter followers and Reddit subscribers went up by 31 and 4, respectively. If you are interested in following Chainlink on social media, Twitter, where it has 32,185 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
