Chainlink Price Update
Chainlink’s current price, at the time of this writing, is $2.45 USD, down by approximately 1.76% from the day prior. The down day for Chainlink yesterday was a reversal from the day before it, which puts its price at 3.1% above its 20 day moving average. Over the past two weeks, price has been in a unclear trend. Chainlink’s expected trading range — as forecasted by the Bollinger bands indicator, which determines a range based on momentum and volatility over the past two weeks — is between $2.187104 and $2.565596. As we are closer to the top of that range, rangebound traders may wish to consider exploring selling opportunities.
Where to trade Chainlink (symbol: LINK): Gate, Yobit, Binance, DDEX
As for Chainlink’s market cap, it is currently at about $875M US dollars.
Update on Transactions and Holders
Yesterday saw 5,143 transfers amongst holders of Chainlink. As for the number of holders, yesterday saw the number of wallets holding Chainlink increase by 238. 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.
Just How Rich are Chainlink’s Richest Holders?
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 0.93% of the currency’s money supply. Exchange ownership grew by 0.08% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.02% over that time period.
Technical Development Status
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 20, 2019 (today). 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 1.37.
Chainlink’s Social Media Presence
In the past day, Chainlink’s Twitter followers and Reddit subscribers went up by 108 and 25, 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
