How Did Chainlink’s Price Fare Yesterday?
At the time of this writing, Chainlink has a price of $1.79 USD, which puts it up by approximately 1.59% from yesterday. The up day for Chainlink yesterday was a reversal from the day before it, which puts its price at 12.73% below its 20 day moving average. Over the past two weeks, price has been in a down trend. In terms of an expected trading range, the Bollinger bands on Chainlink suggest price may bounce between $1.77717 and $2.32503 based on its momentum and volatility over the past 14 days. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
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As for Chainlink’s market cap, it is currently at about $658M US dollars.
Daily Engagement Metrics Update
Yesterday saw 10,034 transfers 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 up by approximately 230. To provide context, we’d rank this token as 4 out of the 33 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Just How Rich are Chainlink’s Richest Holders?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 91.79%. 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 0.77% 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 -0.05% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0%.
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 19, 2019 (today). Over the past 30 days, we’ve seen open issues across Chainlink’s GitHub repositories grow by -0.1 per day on average, while the number of watchers has grown by 0.53.
Chainlink’s Social Media Presence
Social media growth, in terms of Twitter followers, came in at up 37 over the past day for Chainlink. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. 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
