Chainlink: What’s the Latest Regarding its Price?
At the time of this writing, Chainlink has a price of $1.793 USD, which puts it up by approximately 0.73% from yesterday. The up day for Chainlink yesterday was a reversal from the day before it, which puts its price at 2.84% below its 20 day moving average. Over the past two weeks, price has been in a down trend. In terms of an expected trading range, the Bollinger bands on Chainlink suggest price may bounce between $1.753011 and $1.937889 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 market capitalization of Chainlink, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $631 million.
What Anamolies Occurred Since Yesterday?
Since yesterday, Chainlink saw anomalous behavior in holders added. It may be worth looking into the causes of this a bit more.
Update on Transactions and Holders
Yesterday saw 39,437 transfers amongst holders of Chainlink. As for the number of holders, yesterday saw the number of wallets holding Chainlink increase by 0. If we observe percentage growth in holders and transfers, we find that Chainlink ranks 5 out of the 32 Ethereum tokens we are tracking.
How are the Strong Holders of Chainlink Faring?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 91.73%. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 0.72% of the currency’s money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by -0.02% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.04%.
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 January 05, 2020, or approximately 1 days before. Over the past 30 days, we’ve seen open issues across Chainlink’s GitHub repositories grow by 0.07 per day on average, while the number of watchers has grown by 0.4.
The Latest on Chainlink and Social Media
In terms of social media presence, Chainlink saw its Twitter followers and Reddit subscribers go up by 80 and 14 over the past 24 hours. Traders interested in following Chainlink has the biggest presence on Twitter, where it has 39,132 users engaged. 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
