Chainlink: What’s the Latest Regarding its Price?
Chainlink’s current price, at the time of this writing, is $2.097 USD, down by approximately 0.33% from the day prior. Chainlink enters the day 2.74% below its 20 day moving average, and is experiencing its the 3rd 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 $1.975249 and $2.336751. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
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The currency’s market cap currently stands at $740 million US dollars.
Straight Off the Chain
Yesterday saw 8,490 transfers amongst holders of Chainlink. As for the number of holders, yesterday saw the number of wallets holding Chainlink rise by 176. If we observe percentage growth in holders and transfers, we find that Chainlink ranks 7 out of the 33 Ethereum tokens we are tracking.
Just How Rich are Chainlink’s Richest Holders?
In terms of wealth concentration, the richest 1,000 wallets own 91.83% of the coin’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 0.81% of the currency’s total money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by -0.04%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.01%.
Technical Development Status
Chainlink hasn’t had any activity on any of its GitHub repos since December 12, 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 0.2 per day, while the number of followers watching Chainlink’s repositories is growing by 0.77.
What’s Going on Social Media?
In terms of social media presence, Chainlink saw its Twitter followers and Reddit subscribers go up by 107 and 34 over the past 24 hours. Traders interested in following Chainlink has the biggest presence on Twitter, where it has 38,413 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.
Article by SixJupiter
