Chainlink: What’s the Latest Regarding its Price?
At the time of this writing, Chainlink has a price of $2.367 USD, which puts it up by approximately 1.15% from yesterday. This marked the the 2nd straight day Chainlink has been up; it is still in a unclear trend, and is currently 4.89% 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 $1.784808 and $2.728692. Price’s current proximity to the top of the range may make selling an attractive opportunity to traders interested in trading 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 $848 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.
Daily Engagement Metrics Update
Yesterday saw 17,344 transfers amongst holders of Chainlink. Regarding a tally of holders, Yesterday saw Chainlink’s wallet count increase by 546. If we observe percentage growth in holders and transfers, we find that Chainlink ranks 4 out of the 34 Ethereum tokens we are tracking.
Observing Chainlink’s Richest Wallets
Of the coin’s total money supply, the richest 1,0000 wallets currently own 91.92%. 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 0.98% of the currency’s total money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by -0.03% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.12%.
Technical Development Status
Chainlink hasn’t had any activity on any of its GitHub repos since October 17, 2019 — 1 days prior. 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 -0.27 per day, while the number of followers watching Chainlink’s repositories is growing by 1.1.
The Latest on Chainlink and Social Media
In the past day, Chainlink’s Twitter followers and Reddit subscribers went up by 215 and 31, respectively. Traders interested in following Chainlink has the biggest presence on Twitter, where it has 35,479 users engaged. 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.
Article by SixJupiter
