Chainlink Price Update
At the time of this writing, Chainlink has a price of $2.03 USD, which puts it down by approximately 6.67% from yesterday. Chainlink enters the day 6.1% below its 20 day moving average, and is experiencing its the 2nd day in a row 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 $1.938388 and $2.385312, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
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As for Chainlink’s market cap, it is currently at about $763M US dollars.
Straight Off the Chain
Yesterday saw 8,545 transfers amongst holders of Chainlink. As for the number of holders, yesterday saw the number of wallets holding Chainlink rise by 162. If we observe percentage growth in holders and transfers, we find that Chainlink ranks 7 out of the 32 Ethereum tokens we are tracking.
How are the Strong Holders of Chainlink Faring?
The top 1,000 Chainlink wallets hold over 91.84% of the token’s total money supply. 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 0.77% 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 -0.03% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.07%.
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 December 11, 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 0.2 and 0.8, respectively, over the past 30 days.
Chainlink’s Social Media Presence
If you are interested in following Chainlink on social media, Twitter, where it has 38,306 following it, may be a good place to start. 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
