January 15, 2020: Chainlink (LINK): Up 8.94%; Anomalies In Holders Added

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Chainlink: What’s the Latest Regarding its Price?

Chainlink’s current price, at the time of this writing, is $2.461 USD, up by approximately 8.94% from the day prior. Chainlink is currently in an up, and it should be noted that this is now the the 2nd consecutive day that price has been up. Moreover, Chainlink is now 21.98% above its 20 day moving average. In terms of an expected trading range, the Bollinger bands on Chainlink suggest price may bounce between $1.56687 and $2.46833 based on its momentum and volatility over the past 14 days. Price’s current proximity to the top of the range may make shorting an attractive opportunity to traders interested in trading the range.

Get your analysis of Chainlink (LINK) here on CryptoCoin.news. And for daily analysis and recaps of the 5 major cryptocurrencies, visit CFDTrading.com.

As for Chainlink’s market cap, it is currently at about $830M US dollars.

Chainlink’s Surprises of the Day

Since yesterday, Chainlink saw anomalous behavior in holders added. It may be worth looking into the causes of this a bit more.

Straight Off the Chain

Over the past 24 hours, 13,788 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 increase by 379. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Chainlink ranked 2.5 out of the 29 Ethereum tokens we’re tracking.

Just How Rich are Chainlink’s Richest Holders?

The top 1,000 Chainlink wallets hold over 91.65% of the token’s total money supply. 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 0.74% 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 -0.04%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0%.

How Active are the Software Developers?

Chainlink hasn’t had any activity on any of its GitHub repos since January 14, 2020 — 1 days prior. Over the past 30 days, we’ve seen open issues across Chainlink’s GitHub repositories grow by 0.2 per day on average, while the number of watchers has grown by 0.47.

What’s Going on Social Media?

In the past day, Chainlink’s Twitter followers and Reddit subscribers went up by 56 and 19, respectively. If you are interested in following Chainlink on social media, Twitter, where it has 39,797 following it, may be a good place to start. 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

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