Chainlink: What’s the Latest Regarding its Price?
Chainlink’s current price, at the time of this writing, is $2.289 USD, down by approximately 5.53% from the day prior. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a down trend, and is currently 2.11% 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 $2.085509 and $2.591191, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of 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 $850 million.
Daily Engagement Metrics Update
Over the past 24 hours, no transfers have been added to the blockchain recording transactions amongst holders of Chainlink. As for the number of holders, yesterday saw the number of wallets holding Chainlink fall by 0. If we observe percentage growth in holders and transfers, we find that Chainlink ranks 6 out of the 35 Ethereum tokens we are tracking.
Just How Rich are Chainlink’s Richest Holders?
The top 1,000 Chainlink wallets hold over 91.84% of the token’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 0.95% of the currency’s money supply. Exchange ownership grew by 0.02% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.02% over that time period.
How Active are the Software Developers?
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 August 15, 2019, or approximately 1 days before. Over the past 30 days, we’ve seen open issues across Chainlink’s GitHub repositories grow by 0.07 per day on average, while the number of watchers has grown by 1.47.
Chainlink’s Social Media Presence
Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 230 and 10 over the past day for Chainlink. If you are interested in following Chainlink on social media, Twitter, where it has 31,154 following it, may be a good place to start. 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
