How Did Chainlink’s Price Fare Yesterday?
Chainlink is down by approximately 6.08% from the previous day, with its price currently hovering around $2.61 USD. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a unclear trend, and is currently 6.64% below 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 $2.509252 and $3.082148. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
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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 $949 million.
Update on Transactions and Holders
7,807 transactions amongst holders of Chainlink occurred yesterday. Regarding a tally of holders, Yesterday saw Chainlink’s wallet count jump by 46. If we observe percentage growth in holders and transfers, we find that Chainlink ranks 1 out of the 35 Ethereum tokens we are tracking.
Observing Chainlink’s Richest Wallets
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 1.01% of the currency’s money supply. Exchange ownership grew by 0.02% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.04% over that time period.
How Active are the Software Developers?
The last activity date on Chainlink’s GitHub repository was November 20, 2019, or about 1 days ago. Over the past 30 days, we’ve seen open issues across Chainlink’s GitHub repositories grow by -0.13 per day on average, while the number of watchers has grown by 1.17.
What’s Going on Social Media?
Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 106 and 25 over the past day for Chainlink. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. 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.
Article by SixJupiter
