Chainlink Price Update
Chainlink is down by approximately 4.52% from the previous day, with its price currently hovering around $1.88 USD. Chainlink is currently in a unclear , and it should be noted that this is now the the 2nd day in a row that price has been down. Moreover, Chainlink is now 10.55% below its 20 day moving average. 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 $1.919803 and $2.283697, 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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The currency’s market cap currently stands at $694 million US dollars.
Straight Off the Chain
Over the past 24 hours, 8,612 transfers have been added to the blockchain recording transactions amongst holders of Chainlink. Regarding a tally of holders, Yesterday saw Chainlink’s wallet count jump by 154. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Chainlink ranked 7 out of the 32 Ethereum tokens we’re tracking.
Just How Rich are Chainlink’s Richest Holders?
In terms of wealth concentration, the richest 1,000 wallets own 91.8% of the coin’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 0.79% 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 -0.02%.
How Much Development is Occurring?
Chainlink has been active recently on its GitHub repos, with its most recent code updates occurring today, December 17, 2019. Over the past 30 days, we’ve seen open issues across Chainlink’s GitHub repositories grow by 0.07 per day on average, while the number of watchers has grown by 0.53.
Chainlink’s Social Media Presence
In terms of social media presence, Chainlink saw its Twitter followers and Reddit subscribers go up by 45 and 5 over the past 24 hours. Traders interested in following Chainlink has the biggest presence on Twitter, where it has 38,572 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
