August 13, 2019: Chainlink (LINK): Down 2.89%; Price Crosses 20 Day Average; 2nd Straight Down Day

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How Did Chainlink’s Price Fare Yesterday?

At the time of this writing, Chainlink has a price of $2.321 USD, which puts it down by approximately 2.89% from yesterday. This marked the the 2nd consecutive day Chainlink has been down; it is still in a unclear trend, and is currently 1% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. 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 $2.057821 and $2.630879, 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.

Where to trade Chainlink (symbol: LINK): Gate, Yobit, Binance, DDEX

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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 $837 million.

Straight Off the Chain

Over the past 24 hours, no transfers have been added to the blockchain recording transactions amongst holders of Chainlink. Regarding a tally of holders, Yesterday saw Chainlink’s wallet count drop by 0. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Chainlink ranked 4 out of the 54 Ethereum tokens we’re tracking.

Observing Chainlink’s Richest Wallets

The top 1,000 Chainlink wallets hold over 91.85% of the token’s total money supply. 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 0.85% of the currency’s money supply. Exchange ownership grew by -0.13% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.07% over that time period.

How Active are the Software Developers?

The last activity date on Chainlink’s GitHub repository was August 12, 2019, or about 1 days ago. Over the past 30 days, we’ve seen open issues across Chainlink’s GitHub repositories grow by 0.03 per day on average, while the number of watchers has grown by 1.37.

The Latest on Chainlink and Social Media

In the past day, Chainlink’s Twitter followers and Reddit subscribers went up by 192 and 36, respectively. If you are interested in following Chainlink on social media, Twitter, where it has 30,792 following it, may be a good place to start. Use this link to follow Chainlink on Twitter.

Where to Buy

You can trade Chainlink, listed under the symbol LINK, through the following exchanges: Gate, Yobit, Binance, DDEX.

Article by SixJupiter

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