Chainlink: What’s the Latest Regarding its Price?
Chainlink’s current price, at the time of this writing, is $2.036 USD, down by approximately 0.92% from the day prior. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a down trend, and is currently 8.68% below its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. 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 $2.00681 and $2.45239, 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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As for Chainlink’s market cap, it is currently at about $719M US dollars.
Update on Transactions and Holders
Over the past 24 hours, 9,995 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 rise by 185. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Chainlink ranked 5 out of the 34 Ethereum tokens we’re tracking.
Just How Rich are Chainlink’s Richest Holders?
The top 1,000 Chainlink wallets hold over 91.85% of the token’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 0.81% 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%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.02%.
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 08, 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 -0.07 and 0.87, respectively, over the past 30 days.
The Latest on Chainlink and Social Media
Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 52 and 6 over the past day for Chainlink. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. Here is the Twitter page for Chainlink.
Where to Buy
You can trade Chainlink, listed under the symbol LINK, through the following exchanges: Gate, Yobit, Binance, DDEX.
Article by SixJupiter
