Chainlink Price Update
Chainlink’s current price, at the time of this writing, is $1.762 USD, down by approximately 6.28% from the day prior. This marked the the 3rd day in a row Chainlink has been down; it is still in a unclear trend, and is currently 15.26% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on Chainlink suggest price may bounce between $1.838789 and $2.319711 based on its momentum and volatility over the past 14 days. 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 $618 million US dollars.
Daily Engagement Metrics Update
Over the past 24 hours, 11,163 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 180. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Chainlink ranked 6 out of the 32 Ethereum tokens we’re tracking.
Observing Chainlink’s Richest Wallets
Of the coin’s total money supply, the richest 1,0000 wallets currently own 91.79%. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 0.78% of the currency’s money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by -0.05%; 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
The last activity date on Chainlink’s GitHub repository was December 17, 2019, or about 1 days ago. 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 0.53.
What’s Going on Social Media?
In terms of social media presence, Chainlink saw its Twitter followers and Reddit subscribers go up by 22 and 12 over the past 24 hours. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. 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
