Chainlink: What’s the Latest Regarding its Price?
Chainlink is down by approximately 4.2% from the previous day, with its price currently hovering around $2.19 USD. Chainlink is currently in a unclear , and it should be noted that this is now the the 2nd straight day that price has been down. Moreover, Chainlink is now 6.02% below its 20 day moving average. In terms of an expected trading range, the Bollinger bands on Chainlink suggest price may bounce between $2.056768 and $2.603732 based on its momentum and volatility over the past 14 days. 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
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 $800 million.
Unusual Developments
Yesterday, the metrics holders 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
5,546 transactions amongst holders of Chainlink occurred yesterday. Regarding a tally of holders, Yesterday saw Chainlink’s wallet count rise by 325. If we observe percentage growth in holders and transfers, we find that Chainlink ranks 4 out of the 35 Ethereum tokens we are tracking.
How are the Strong Holders of Chainlink Faring?
The top 1,000 Chainlink wallets hold over 91.83% 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 0.88% of the currency’s money supply. Exchange ownership grew by -0.07% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.05% over that time period.
How Much Development is Occurring?
The last activity date on Chainlink’s GitHub repository occurred on today, August 15, 2019. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Chainlink are growing by 0.13 and 1.43, respectively, over the past 30 days.
What’s Going on Social Media?
In the past day, Chainlink’s Reddit subscribers went up by 17, respectively. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. 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
