Chainlink: What’s the Latest Regarding its Price?
Chainlink’s current price, at the time of this writing, is $1.788 USD, up by approximately 0.22% from the day prior. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 9.14% below its 20 day moving average, and is currently in a down trend over the past 14 days. In terms of an expected trading range, the Bollinger bands on Chainlink suggest price may bounce between $1.734668 and $2.201032 based on its momentum and volatility over the past 14 days. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
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The currency’s market cap currently stands at $629 million US dollars.
Straight Off the Chain
No transactions amongst holders of Chainlink occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding Chainlink has gone down by approximately 0. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Chainlink ranked 3.5 out of the 33 Ethereum tokens we’re tracking.
How are the Strong Holders of Chainlink Faring?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 91.78%. 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 0.75% 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 -0.01% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.01%.
How Much Development is Occurring?
Chainlink hasn’t had any activity on any of its GitHub repos since December 25, 2019 — 1 days prior. 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 0.4.
The Latest on Chainlink and Social Media
In the past day, Chainlink’s Twitter followers and Reddit subscribers went up by 24 and 5, respectively. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. 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
