Chainlink: What’s the Latest Regarding its Price?
Chainlink’s current price, at the time of this writing, is $2.46 USD, down by approximately 0.12% from the day prior. Chainlink is currently in a unclear , but it should be noted that this is now the the 2nd day in a row that price has been down. Moreover, Chainlink is now 2.47% above its 20 day moving average. In terms of an expected trading range, the Bollinger bands on Chainlink suggest price may bounce between $2.118743 and $2.682857 based on its momentum and volatility over the past 14 days. Price’s current proximity to the top of the range may make shorting an attractive opportunity to traders interested in trading the range.
Where to trade Chainlink (symbol: LINK): Gate, Yobit, Binance, DDEX
The market capitalization of Chainlink, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $883 million.
Update on Transactions and Holders
Over the past 24 hours, 10,150 transfers have been added to the blockchain recording transactions amongst holders of Chainlink. As for the number of holders, yesterday saw the number of wallets holding Chainlink increase by 0. To provide context, we’d rank this token as 4 out of the 37 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Observing Chainlink’s Richest Wallets
Of the coin’s total money supply, the richest 1,0000 wallets currently own 91.92%. If we focus on exchanges, which may be an correlated with liquidity and greater confidence in the currency, the exchange wallets that are in the top 1,000 wallets own 0.98% of the currency’s total money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by 0.02% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.21%.
How Much Development is Occurring?
Chainlink hasn’t had any activity on any of its GitHub repos since August 05, 2019 — 1 days prior. To understand how code development is progressing, we can observe growth rates over the past 30 days in the number of open issues and the number of watchers: open issuers have been growing at about 0.07 per day, while the number of followers watching Chainlink’s repositories is growing by 1.53.
What’s Going on Social Media?
In the past day, Chainlink’s Twitter followers and Reddit subscribers went up by 64 and 16, respectively. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. 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.
Article by SixJupiter
