Chainlink: What’s the Latest Regarding its Price?
Chainlink is down by approximately 1.05% from the previous day, with its price currently hovering around $1.882 USD. The down day for Chainlink yesterday was a reversal from the day before it, which puts its price at 2.33% below its 20 day moving average. Over the past two weeks, price has been in a unclear trend. In terms of an expected trading range, the Bollinger bands on Chainlink suggest price may bounce between $1.831565 and $2.022335 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 $668 million US dollars.
Straight Off the Chain
Yesterday saw 9,875 transfers amongst holders of Chainlink. Regarding a tally of holders, Yesterday saw Chainlink’s wallet count increase by 170. If we observe percentage growth in holders and transfers, we find that Chainlink ranks 4 out of the 33 Ethereum tokens we are tracking.
How are the Strong Holders of Chainlink Faring?
In terms of wealth concentration, the richest 1,000 wallets own 91.74% 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 0.76% of the currency’s total 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 -0.04% 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 28, 2019, or approximately 2 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 0.13 per day, while the number of followers watching Chainlink’s repositories is growing by 0.43.
Chainlink’s Social Media Presence
In terms of social media presence, Chainlink saw its Twitter followers and Reddit subscribers go up by 70 and 13 over the past 24 hours. If you are interested in following Chainlink on social media, Twitter, where it has 38,927 following it, may be a good place to start. 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
