November 19, 2019: Chainlink (LINK): Down 7.14%; Price Crosses 20 Day Average; 5th Straight 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 is down by approximately 7.14% from the previous day, with its price currently hovering around $2.705 USD. Chainlink is currently in an up, and it should be noted that this is now the the 5th consecutive day that price has been down. Moreover, Chainlink is now 3.2% below its 20 day moving average. 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 $2.512251 and $3.076749. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.

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

As for Chainlink’s market cap, it is currently at about $989M US dollars.

Update on Transactions and Holders

Over the past 24 hours, no 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 down by approximately 0. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Chainlink ranked 1 out of the 37 Ethereum tokens we’re tracking.

Just How Rich are Chainlink’s Richest Holders?

Of the coin’s total money supply, the richest 1,0000 wallets currently own 91.83%. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 1% of the currency’s money supply. Exchange ownership grew by -0.04% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.06% over that time period.

Technical Development Status

Chainlink hasn’t had any activity on any of its GitHub repos since November 18, 2019 — 1 days prior. 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 -0.2 per day, while the number of followers watching Chainlink’s repositories is growing by 1.23.

The Latest on Chainlink and Social Media

Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 44 and 9 over the past day for Chainlink. Traders interested in following Chainlink has the biggest presence on Twitter, where it has 37,582 users engaged. Here is the Twitter page for Chainlink.

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