August 7, 2019: Chainlink (LINK): Down 1.46%; 3rd Consecutive 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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How Did Chainlink’s Price Fare Yesterday?

Chainlink’s current price, at the time of this writing, is $2.424 USD, down by approximately 1.46% from the day prior. Chainlink enters the day 1.27% above its 20 day moving average, but is experiencing its the 3rd straight day down. 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 $2.11002 and $2.67708, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain selling, as we are nearer to the top of 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 $865M US dollars.

Update on Transactions and Holders

Yesterday saw 3,804 transfers amongst holders of Chainlink. Regarding a tally of holders, Yesterday saw Chainlink’s wallet count jump by 246. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Chainlink ranked 6 out of the 37 Ethereum tokens we’re tracking.

Just How Rich are Chainlink’s Richest Holders?

The top 1,000 Chainlink wallets hold over 91.9% of the token’s total money supply. 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 0.96% 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 -0.01% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.22%.

Technical Development Status

Chainlink has been active recently on its GitHub repos, with its most recent code updates occurring today, August 07, 2019. Over the past 30 days, we’ve seen open issues across Chainlink’s GitHub repositories grow by -0.03 per day on average, while the number of watchers has grown by 1.43.

What’s Going on Social Media?

In the past day, Chainlink’s Twitter followers and Reddit subscribers went up by 188 and 25, respectively. Traders interested in following Chainlink has the biggest presence on Twitter, where it has 30,033 users engaged. 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