How Did Chainlink’s Price Fare Yesterday?
At the time of this writing, Chainlink has a price of $2.835 USD, which puts it up by approximately 6.06% from yesterday. The up day for Chainlink yesterday was a reversal from the day before it, which puts its price at 9.35% 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 $2.20128 and $2.98392, based on how price has behaved in the two weeks prior. As we are closer to the top of that range, rangebound traders may wish to consider exploring selling opportunities.
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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 $938 million.
What Anamolies Occurred Since Yesterday?
The following metrics showed unusual change over the past 24 hours for Chainlink: holders added and transfers added. Further investigation may be warranted.
Update on Transactions and Holders
Yesterday saw 15,156 transfers amongst holders of Chainlink. Regarding a tally of holders, Yesterday saw Chainlink’s wallet count rise by 0. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Chainlink ranked 2 out of the 34 Ethereum tokens we’re tracking.
How are the Strong Holders of Chainlink Faring?
In terms of wealth concentration, the richest 1,000 wallets own 91.91% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 0.97% of the currency’s 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 Much Development is Occurring?
The last activity date on Chainlink’s GitHub repository was October 27, 2019, or about 1 days ago. Over the past 30 days, we’ve seen open issues across Chainlink’s GitHub repositories grow by 0 per day on average, while the number of watchers has grown by 1.27.
Chainlink’s Social Media Presence
Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 247 and 39 over the past day for Chainlink. If you are interested in following Chainlink on social media, Twitter, where it has 36,448 following it, may be a good place to start. 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
