August 24, 2019: Chainlink (LINK): Down 5.1%

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
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Chainlink: What’s the Latest Regarding its Price?

Chainlink is down by approximately 5.1% from the previous day, with its price currently hovering around $2.197 USD. The down day for Chainlink yesterday was a reversal from the day before it, which puts its price at 7.13% below 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 $2.149933 and $2.581567. 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

As for Chainlink’s market cap, it is currently at about $787M US dollars.

Daily Engagement Metrics Update

Over the past 24 hours, 6,638 transfers have been added to the blockchain recording transactions amongst holders of Chainlink. Regarding a tally of holders, Yesterday saw Chainlink’s wallet count increase by 228. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Chainlink ranked 6 out of the 31 Ethereum tokens we’re tracking.

How are the Strong Holders of Chainlink Faring?

Of the coin’s total money supply, the richest 1,0000 wallets currently own 91.88%. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 0.92% of the currency’s money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by 0.04% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.03%.

How Much Development is Occurring?

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 23, 2019, or approximately 1 days before. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Chainlink are growing by -0.13 and 1.47, respectively, over the past 30 days.

Chainlink’s Social Media Presence

Traders interested in following Chainlink has the biggest presence on Twitter, where it has 31,751 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. May 2, 2020: Chainlink (link): Up 0.72%; 2nd Straight Up Day

Article by SixJupiter