December 4, 2019: Chainlink (LINK): Down 0.1%; 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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How Did Chainlink’s Price Fare Yesterday?

Chainlink’s current price, at the time of this writing, is $2.07 USD, down by approximately 0.1% from the day prior. Chainlink is currently in a down, and it should be noted that this is now the the 5th consecutive day that price has been down. Moreover, Chainlink is now 15.36% below its 20 day moving average. Traders looking for a range to trade within may wish to note that the Bollinger bands (a price indicator based on recent momentum and volatility) for Chainlink imply the currency may oscillate between $2.145582 and $2.745518, based on how price has behaved in the two weeks prior. 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 $747M US dollars.

Update on Transactions and Holders

8,239 transactions amongst holders of Chainlink occurred yesterday. Regarding a tally of holders, Yesterday saw Chainlink’s wallet count rise by 188. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Chainlink ranked 4 out of the 35 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 91.86%. 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 0.83% of the currency’s money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by 0% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.01%.

Technical Development Status

In terms of how active the software development team working on Chainlink is, it may be worth observing that the last time any work pertaining to code was done on their GitHub code repository was on December 03, 2019, or approximately 1 days before. 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 -0.17 per day, while the number of followers watching Chainlink’s repositories is growing by 0.87.

The Latest on Chainlink and Social Media

If you are interested in following Chainlink on social media, Twitter, where it has 38,040 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. May 2, 2020: Chainlink (link): Up 0.72%; 2nd Straight Up Day

Article by SixJupiter