Chainlink Price Update
At the time of this writing, Chainlink has a price of $2.433 USD, which puts it down by approximately 4.29% from yesterday. This marked the the 2nd consecutive day Chainlink has been down; it is still in a unclear trend, and is currently 12.21% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on Chainlink suggest price may bounce between $2.406709 and $3.136291 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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As for Chainlink’s market cap, it is currently at about $893M US dollars.
Daily Engagement Metrics Update
Yesterday saw 8,595 transfers amongst holders of Chainlink. Regarding a tally of holders, Yesterday saw Chainlink’s wallet count jump by 298. To provide context, we’d rank this token as 1 out of the 34 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
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. 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 1.05% of the currency’s total money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by 0% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.06%.
Technical Development Status
Chainlink hasn’t had any activity on any of its GitHub repos since November 21, 2019 — 1 days prior. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Chainlink are growing by -0.17 and 1.13, respectively, over the past 30 days.
Chainlink’s Social Media Presence
If you are interested in following Chainlink on social media, Twitter, where it has 37,688 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
