Chainlink Price Update
Chainlink is down by approximately 0.69% from the previous day, with its price currently hovering around $2.582 USD. This marked the the 2nd consecutive day Chainlink has been down; it is still in a unclear trend, and is currently 6.38% above its 20 day moving average; staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on Chainlink suggest price may bounce between $2.151452 and $2.702748 based on its momentum and volatility over the past 14 days. As we are closer to the top of that range, rangebound traders may wish to consider exploring selling opportunities.
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The currency’s market cap currently stands at $917 million US dollars.
Daily Engagement Metrics Update
Over the past 24 hours, 8,388 transfers have been added to the blockchain recording transactions amongst holders of Chainlink. As for the number of holders, yesterday saw the number of wallets holding Chainlink jump by 324. If we observe percentage growth in holders and transfers, we find that Chainlink ranks 7 out of the 35 Ethereum tokens we are tracking.
Just How Rich are Chainlink’s Richest Holders?
The top 1,000 Chainlink wallets hold over 91.92% of the token’s total money supply. 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. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by 0% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.02%.
How Active are the Software Developers?
The last activity date on Chainlink’s GitHub repository was October 22, 2019, or about 1 days ago. Over the past 30 days, we’ve seen open issues across Chainlink’s GitHub repositories grow by -0.2 per day on average, while the number of watchers has grown by 1.1.
The Latest on Chainlink and Social Media
Traders interested in following Chainlink has the biggest presence on Twitter, where it has 35,942 users engaged. Use this link to follow Chainlink on Twitter.
Where to Buy
You can trade Chainlink, listed under the symbol LINK, through the following exchanges: Gate, Yobit, Binance, DDEX.
Article by SixJupiter
