November 6, 2019: Chainlink (LINK): Up 0.04%; 3rd Consecutive Up Day

May 11, 2020: Chainlink (link): Down 2.02%; Price Crosses 20 Day Average; 2nd Consecutive Down Day
May 11, 2020: Chainlink (link): Down 2.02%; Price Crosses 20 Day Average; 2nd Consecutive Down Day
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Chainlink: What’s the Latest Regarding its Price?

Chainlink is up by approximately 0.04% from the previous day, with its price currently hovering around $2.684 USD. Chainlink is currently in a unclear , and it should be noted that this is now the the 3rd day in a row that price has been up. Moreover, Chainlink is now 1.76% above its 20 day moving average. 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 $2.508369 and $2.767031, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain selling, as we are nearer to the top of the range.

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May 2, 2020: Chainlink (link): Up 0.72%; 2nd Straight Up Day

The currency’s market cap currently stands at $939 million US dollars.

Daily Engagement Metrics Update

Yesterday we did not see any transfers amongst holders of Chainlink. In terms of estimating the number of holders, over the past day the total number of wallets holding Chainlink has gone down by approximately 0. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Chainlink ranked 6 out of the 36 Ethereum tokens we’re tracking.

Just How Rich are Chainlink’s Richest Holders?

The top 1,000 Chainlink wallets hold over 91.88% of the token’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 0.95% 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 -0.02%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.1%.

Technical Development Status

The last activity date on Chainlink’s GitHub repository was November 05, 2019, or about 1 days ago. To understand how code development is progressing, we can observe growth rates over the past 30 days in the number of open issues and the number of watchers: open issuers have been growing at about 0.2 per day, while the number of followers watching Chainlink’s repositories is growing by 1.3.

The Latest on Chainlink and Social Media

In terms of social media presence, Chainlink saw its Twitter followers and Reddit subscribers go up by 167 and 30 over the past 24 hours. If you are interested in following Chainlink on social media, Twitter, where it has 36,962 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. May 2, 2020: Chainlink (link): Up 0.72%; 2nd Straight Up Day

Article by SixJupiter