Chainlink Price Update
At the time of this writing, Chainlink has a price of $1.886 USD, which puts it up by approximately 5.48% from yesterday. Chainlink enters the day 3.77% below its 20 day moving average, but is experiencing its the 2nd straight day up. In terms of an expected trading range, the Bollinger bands on Chainlink suggest price may bounce between $1.753943 and $2.165657 based on its momentum and volatility over the past 14 days. 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 $653 million US dollars.
Daily Engagement Metrics Update
15,929 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 up by approximately 250. If we observe percentage growth in holders and transfers, we find that Chainlink ranks 3.5 out of the 32 Ethereum tokens we are tracking.
Observing Chainlink’s Richest Wallets
Of the coin’s total money supply, the richest 1,0000 wallets currently own 91.76%. 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. Exchange ownership grew by 0% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.03% over that time period.
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 26, 2019, or approximately 1 days before. 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 -0.03 per day, while the number of followers watching Chainlink’s repositories is growing by 0.43.
What’s Going on Social Media?
If you are interested in following Chainlink on social media, Twitter, where it has 38,795 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
