Chainlink: What’s the Latest Regarding its Price?
At the time of this writing, Chainlink has a price of $2.489 USD, which puts it up by approximately 7.24% from yesterday. The up day for Chainlink yesterday was a reversal from the day before it, which puts its price at 6.08% above its 20 day moving average. Over the past two weeks, price has been in a unclear trend. 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 $2.068164 and $2.624636. Price’s current proximity to the top of the range may make selling an attractive opportunity to traders interested in trading the range.
Where to trade Chainlink (symbol: LINK): Gate, Yobit, Binance, DDEX
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 $849 million.
Chainlink’s Surprises of the Day
Yesterday, the metrics holders added and transfers added saw a daily change well outside what is usually experienced. An exploration as to what caused this may be worthwhile.
Straight Off the Chain
10,133 transactions amongst holders of Chainlink occurred yesterday. Regarding a tally of holders, Yesterday saw Chainlink’s wallet count jump by 370. To provide context, we’d rank this token as 5 out of the 35 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Just How Rich are Chainlink’s Richest Holders?
In terms of wealth concentration, the richest 1,000 wallets own 91.87% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 0.82% of the currency’s money supply. Exchange ownership grew by -0.14% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.03% over that time period.
How Active are the Software Developers?
Chainlink has been active recently on its GitHub repos, with its most recent code updates occurring today, August 14, 2019. 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 0.07 per day, while the number of followers watching Chainlink’s repositories is growing by 1.4.
What’s Going on Social Media?
In the past day, Chainlink’s Twitter followers and Reddit subscribers went up by 132 and 25, respectively. Traders interested in following Chainlink has the biggest presence on Twitter, where it has 30,924 users engaged. 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
