Chainlink: What’s the Latest Regarding its Price?
Chainlink is up by approximately 1.39% from the previous day, with its price currently hovering around $2.338 USD. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 0.33% below its 20 day moving average, and is currently in a down trend over the past 14 days. In terms of an expected trading range, the Bollinger bands on Chainlink suggest price may bounce between $2.159055 and $2.532245 based on its momentum and volatility over the past 14 days. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
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 $810 million.
What Anamolies Occurred Since Yesterday?
The following metrics showed unusual change over the past 24 hours for Chainlink: transfers added. Further investigation may be warranted.
Straight Off the Chain
Over the past 24 hours, 11,078 transfers have been added to the blockchain recording transactions amongst holders of Chainlink. In terms of estimating the number of holders, over the past day the total number of wallets holding Chainlink has gone up by approximately 295. If we observe percentage growth in holders and transfers, we find that Chainlink ranks 4 out of the 34 Ethereum tokens we are tracking.
How are the Strong Holders of Chainlink Faring?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 91.84%. 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 0.95% of the currency’s money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by -0.02%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.07%.
Technical Development Status
Chainlink hasn’t had any activity on any of its GitHub repos since August 16, 2019 — 1 days prior. Over the past 30 days, we’ve seen open issues across Chainlink’s GitHub repositories grow by 0 per day on average, while the number of watchers has grown by 1.43.
Chainlink’s Social Media Presence
In terms of social media presence, Chainlink saw its Twitter followers and Reddit subscribers go up by 90 and 3 over the past 24 hours. If you are interested in following Chainlink on social media, Twitter, where it has 31,244 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
