Chainlink Price Update
At the time of this writing, Chainlink has a price of $1.806 USD, which puts it down by approximately 3.53% 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 48.19% below its 20 day moving average, and is currently in a down trend over the past 14 days. Another data point we may find worthy of observation is that price for Chainlink has increased 13 of the previous 30 days. Another data point we may find worthy of observation is that price for Chainlink has increased 13 of the previous 30 days.
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 $1.104661 and $5.866739, based on how price has behaved in the two weeks prior. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
As for Chainlink’s market cap, it is currently at about $636M US dollars.
Straight Off the Chain
Yesterday saw NA transfers amongst holders of Chainlink. As for the number of holders, yesterday saw the number of wallets holding Chainlink NA by NA. In terms of recurring usage, we can note that 35,687 wallets have sent or received coins in the past month, while 1,549 have in the past day.
Just How Rich are Chainlink’s Richest Holders?
As for wealth distribution, the richest 1,000 wallets currently own 262.13% of the money supply. This number is greater than 100% because many of the token holders are not able to sell them yet, and thus their numbers are not included in the supply yet, though they can be regarded as future sellers when they are able to sell. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 2.78% of the currency’s money supply. Exchange ownership grew by 0.09% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0.97% over that time period.
What’s Going on Social Media?
In the past day, Chainlink’s Twitter followers and Reddit subscribers went up by 55 and 10, respectively. 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.
Article by SixJupiter
