Chainlink Price Update
At the time of this writing, Chainlink has a price of $2.318 USD, which puts it down by approximately 8.81% from yesterday. This marked the the 2nd straight day Chainlink has been down; it is still in an uptrend, and is currently 4.65% above its 20 day moving average; staying above this level may be critical to sustain short-term momentum. 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 $1.613042 and $2.816858. 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 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 $838 million.
Daily Engagement Metrics Update
Over the past 24 hours, 6,599 transfers have been added to the blockchain recording transactions amongst holders of Chainlink. Regarding a tally of holders, Yesterday saw Chainlink’s wallet count increase by 251. To provide context, we’d rank this token as 3 out of the 34 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Just How Rich are Chainlink’s Richest Holders?
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 1% 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 0.01% over that time period.
How Much Development is Occurring?
The last activity date on Chainlink’s GitHub repository was October 15, 2019, or about 1 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 -0.1 and 1.2, respectively, over the past 30 days.
Chainlink’s Social Media Presence
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
