How Did Chainlink’s Price Fare Yesterday?
Chainlink’s current price, at the time of this writing, is $2.636 USD, up by approximately 1.54% from the day prior. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 22.3% above its 20 day moving average, and is currently in an up trend over the past 14 days. Chainlink’s expected trading range — as forecasted by the Bollinger bands indicator, which determines a range based on momentum and volatility over the past two weeks — is between $1.44379 and $2.86681. Given its boundaries, rangebound traders may find it compelling to entertain shorting, as we are nearer to the top of the range.
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The currency’s market cap currently stands at $872 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
Yesterday saw 14,376 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 up by approximately 700. If we observe percentage growth in holders and transfers, we find that Chainlink ranks 3 out of the 35 Ethereum tokens we are tracking.
Observing Chainlink’s Richest Wallets
Of the coin’s total money supply, the richest 1,0000 wallets currently own 91.93%. 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 0.98% 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 -0.03%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.12%.
How Active are the Software Developers?
The last activity date on Chainlink’s GitHub repository occurred on today, October 14, 2019. 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 1.07.
Chainlink’s Social Media Presence
In terms of social media presence, Chainlink saw its Twitter followers and Reddit subscribers go up by 61 and 12 over the past 24 hours. Traders interested in following Chainlink has the biggest presence on Twitter, where it has 35,264 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