Chainlink: What’s the Latest Regarding its Price?
At the time of this writing, Chainlink has a price of $2.005 USD, which puts it down by approximately 0.15% from yesterday. Chainlink enters the day 14.66% below its 20 day moving average, and is experiencing its the 3rd day in a row down. 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 $2.115223 and $2.583377, based on how price has behaved in the two weeks prior. 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 $706 million US dollars.
Straight Off the Chain
Over the past 24 hours, 7,667 transfers have been added to the blockchain recording transactions amongst holders of Chainlink. As for the number of holders, yesterday saw the number of wallets holding Chainlink jump by 190. To provide context, we’d rank this token as 5 out of the 34 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
How are the Strong Holders of Chainlink Faring?
In terms of wealth concentration, the richest 1,000 wallets own 91.86% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 0.82% of the currency’s money supply. Exchange ownership grew by -0.05% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0.02% over that time period.
Technical Development Status
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 05, 2019, or approximately 1 days before. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Chainlink are growing by -0.2 and 0.87, respectively, over the past 30 days.
Chainlink’s Social Media Presence
In terms of social media presence, Chainlink saw its Twitter followers and Reddit subscribers go up by 27 and 14 over the past 24 hours. If you are interested in following Chainlink on social media, Twitter, where it has 38,097 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
