August 23, 2019: Chainlink (LINK): Up 4.42%; 2nd Consecutive Up Day

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May 11, 2020: Chainlink (link): Down 2.02%; Price Crosses 20 Day Average; 2nd Consecutive Down Day
May 11, 2020: Chainlink (link): Down 2.02%; Price Crosses 20 Day Average; 2nd Consecutive Down Day

Chainlink: What’s the Latest Regarding its Price?

At the time of this writing, Chainlink has a price of $2.315 USD, which puts it up by approximately 4.42% from yesterday. This marked the the 2nd day in a row Chainlink has been up; it is still in a unclear trend, and is currently 2.05% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. 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 $2.150167 and $2.576833. 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

May 2, 2020: Chainlink (link): Up 0.72%; 2nd Straight Up Day

The currency’s market cap currently stands at $781 million US dollars.

Straight Off the Chain

4,992 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 209. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Chainlink ranked 4 out of the 32 Ethereum tokens we’re tracking.

How are the Strong Holders of Chainlink Faring?

In terms of wealth concentration, the richest 1,000 wallets own 91.86% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 0.82% of the currency’s money supply. Exchange ownership grew by -0.13% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0.01% over that time period.

Technical Development Status

Chainlink hasn’t had any activity on any of its GitHub repos since August 22, 2019 — 1 days prior. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Chainlink are growing by -0.07 and 1.33, respectively, over the past 30 days.

What’s Going on Social Media?

Facebook appears to be the most popular place to follow the company, and thus may be worth monitoring.

Where to Buy

You can trade Chainlink, listed under the symbol LINK, through the following exchanges: Gate, Yobit, Binance, DDEX. May 2, 2020: Chainlink (link): Up 0.72%; 2nd Straight Up Day

Article by SixJupiter