How Did Chainlink’s Price Fare Yesterday?
At the time of this writing, Chainlink has a price of $2.146 USD, which puts it down by approximately 8.95% from yesterday. The down day for Chainlink yesterday was a reversal from the day before it, which puts its price at 20.75% 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 $2.108159 and $3.307841 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 $786 million.
Chainlink’s Surprises of the Day
The following metrics showed unusual change over the past 24 hours for Chainlink: transfers added. Further investigation may be warranted.
Update on Transactions and Holders
Over the past 24 hours, -1,229,910 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 179. If we observe percentage growth in holders and transfers, we find that Chainlink ranks 33 out of the 33 Ethereum tokens we are tracking.
Observing Chainlink’s Richest Wallets
Of the coin’s total money supply, the richest 1,0000 wallets currently own 91.87%. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 1.07% of the currency’s money supply. Exchange ownership grew by 0.01% 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
The last activity date on Chainlink’s GitHub repository was November 22, 2019, or about 3 days ago. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Chainlink are growing by -0.27 and 1.1, respectively, over the past 30 days.
What’s Going on Social Media?
Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 28 and 8 over the past day for Chainlink. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. 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
