August 29, 2019: Chainlink (LINK): Down 5.32%; 2nd Straight Down Day

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 5.32% from the previous day, with its price currently hovering around $1.797 USD. Chainlink enters the day 19.87% below its 20 day moving average, and is experiencing its the 2nd straight day down. 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 $1.852332 and $2.632868. 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 $665 million US dollars.

Daily Engagement Metrics Update

Yesterday saw 5,887 transfers amongst holders of Chainlink. As for the number of holders, yesterday saw the number of wallets holding Chainlink rise by 432. If we observe percentage growth in holders and transfers, we find that Chainlink ranks 5 out of the 33 Ethereum tokens we are tracking.

How are the Strong Holders of Chainlink Faring?

Of the coin’s total money supply, the richest 1,0000 wallets currently own 91.8%. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 0.9% of the currency’s money supply. Exchange ownership grew by 0.07% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.03% over that time period.

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 28, 2019, or approximately 1 days before. Over the past 30 days, we’ve seen open issues across Chainlink’s GitHub repositories grow by -0.13 per day on average, while the number of watchers has grown by 1.63.

Chainlink’s Social Media Presence

In terms of social media presence, Chainlink saw its Twitter followers and Reddit subscribers go up by 139 and 29 over the past 24 hours. If you are interested in following Chainlink on social media, Twitter, where it has 31,977 following it, may be a good place to start. 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. May 2, 2020: Chainlink (link): Up 0.72%; 2nd Straight Up Day

Article by SixJupiter