Chainlink: What’s the Latest Regarding its Price?
Chainlink is up by approximately 4.63% from the previous day, with its price currently hovering around $2.554 USD. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a unclear trend, and is currently 6.62% above its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. 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 $2.053648 and $2.737152, based on how price has behaved in the two weeks prior. As we are closer to the top of that range, rangebound traders may wish to consider exploring shorting opportunities.
Where to trade Chainlink (symbol: LINK): Gate, Yobit, Binance, DDEX
The currency’s market cap currently stands at $883 million US dollars.
Daily Engagement Metrics Update
Yesterday saw 4,365 transfers amongst holders of Chainlink. In terms of estimating the number of holders, over the past day the total number of wallets holding Chainlink has gone up by approximately 0. To provide context, we’d rank this token as 4 out of the 36 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Just How Rich are Chainlink’s Richest Holders?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 91.9%. 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 0.98% 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 -0.01% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.3%.
How Active are the Software Developers?
Chainlink hasn’t had any activity on any of its GitHub repos since August 04, 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 1.53, respectively, over the past 30 days.
The Latest on Chainlink and Social Media
In the past day, Chainlink’s Twitter followers and Reddit subscribers went up by 167 and 22, respectively. 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
