How Did Chainlink’s Price Fare Yesterday?
Chainlink’s current price, at the time of this writing, is $2.443 USD, up by approximately 1.5% from the day prior. This marked the the 2nd day in a row Chainlink has been up; it is still in a unclear trend, and is currently 3.43% above its 20 day moving average; staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on Chainlink suggest price may bounce between $2.192259 and $2.531741 based on its momentum and volatility over the past 14 days. Price’s current proximity to the top of the range may make shorting 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 $843 million.
Update on Transactions and Holders
4,518 transactions amongst holders of Chainlink occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding Chainlink has gone up by approximately 181. To provide context, we’d rank this token as 5 out of the 34 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Observing Chainlink’s Richest Wallets
The top 1,000 Chainlink wallets hold over 91.84% 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 0.96% 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 -0.01%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.09%.
Technical Development Status
Chainlink hasn’t had any activity on any of its GitHub repos since August 16, 2019 — 2 days prior. 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 1.4.
Chainlink’s Social Media Presence
Traders interested in following Chainlink has the biggest presence on Twitter, where it has 31,244 users engaged. 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
