August 2, 2019: Chainlink (LINK): Up 0.23%; Anomalies In Holders Added,

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Chainlink: What’s the Latest Regarding its Price?

At the time of this writing, Chainlink has a price of $2.168 USD, which puts it up by approximately 0.23% from yesterday. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 10.66% below its 20 day moving average, and is currently in a down trend over the past 14 days. 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 $2.069123 and $2.784277, based on how price has behaved in the two weeks prior. 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

As for Chainlink’s market cap, it is currently at about $762M US dollars.

What Anamolies Occurred Since Yesterday?

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

Over the past 24 hours, 8,811 transfers have been added to the blockchain recording transactions amongst holders of Chainlink. Regarding a tally of holders, Yesterday saw Chainlink’s wallet count jump by 430. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Chainlink ranked 2 out of the 37 Ethereum tokens we’re tracking.

Observing Chainlink’s Richest Wallets

In terms of wealth concentration, the richest 1,000 wallets own 91.88% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 1.05% 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 -0.04%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.65%.

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 02, 2019 (today). Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Chainlink are growing by -0.03 and 1.77, respectively, over the past 30 days.

The Latest on Chainlink and Social Media

In terms of social media presence, Chainlink saw its Twitter followers and Reddit subscribers go up by 142 and 12 over the past 24 hours. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. 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

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