Chainlink Price Update
Chainlink’s current price, at the time of this writing, is $2.542 USD, down by approximately 3.57% from the day prior. The down day for Chainlink yesterday was a reversal from the day before it, which puts its price at 16.72% above its 20 day moving average. Over the past two weeks, price has been in an up trend. 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 $1.572913 and $2.782687, based on how price has behaved in the two weeks prior. Price’s current proximity to the top of the range may make selling an attractive opportunity to traders interested in trading the range.
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The currency’s market cap currently stands at $889 million US dollars.
Daily Engagement Metrics Update
Over the past 24 hours, 6,599 transfers have been added to the blockchain recording transactions 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 251. 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%. 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% of the currency’s total 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 -0.09%.
Technical Development Status
The last activity date on Chainlink’s GitHub repository occurred on today, October 15, 2019. Over the past 30 days, we’ve seen open issues across Chainlink’s GitHub repositories grow by -0.03 per day on average, while the number of watchers has grown by 1.17.
The Latest on Chainlink and Social Media
If you are interested in following Chainlink on social media, Twitter, where it has 35,264 following it, may be a good place to start. Use this link to follow Chainlink on Twitter.
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Article by SixJupiter