Chainlink Price Update
Chainlink is up by approximately 6.24% from the previous day, with its price currently hovering around $2.28 USD. 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 15.13% 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 $2.038921 and $3.333779, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
Trade Chainlink (LINK) and over 500 other cryptos across ten different exchanges — all from one app. Try Quadency.
The currency’s market cap currently stands at $796 million US dollars.
What Anamolies Occurred Since Yesterday?
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
1,246,871 transactions amongst holders of Chainlink occurred yesterday. Regarding a tally of holders, Yesterday saw Chainlink’s wallet count increase by 272. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Chainlink ranked 3 out of the 33 Ethereum tokens we’re tracking.
Just How Rich are Chainlink’s Richest Holders?
In terms of wealth concentration, the richest 1,000 wallets own 91.87% of the coin’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 0.92% 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 -0.08%.
Technical Development Status
The last activity date on Chainlink’s GitHub repository occurred on today, November 26, 2019. Over the past 30 days, we’ve seen open issues across Chainlink’s GitHub repositories grow by -0.17 per day on average, while the number of watchers has grown by 1.1.
Chainlink’s Social Media Presence
In the past day, Chainlink’s Twitter followers and Reddit subscribers went up by 17 and 14, respectively. If you are interested in following Chainlink on social media, Twitter, where it has 37,818 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
