Chainlink: What’s the Latest Regarding its Price?
Chainlink’s current price, at the time of this writing, is $1.59 USD, up by approximately 0.32% from the day prior. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a down trend, and is currently 12.37% below its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. 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 $1.646345 and $1.982555, based on how price has behaved in the two weeks prior. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
As for Chainlink’s market cap, it is currently at about $555M US dollars.
Daily Engagement Metrics Update
7,803 transactions amongst holders of Chainlink occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Chainlink jump by 296. To provide context, we’d rank this token as 4 out of the 32 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 91.56%. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 1.18% of the currency’s money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by -0.15%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.35%.
How Much Development is Occurring?
The last activity date on Chainlink’s GitHub repository was September 13, 2019, or about 1 days ago. Over the past 30 days, we’ve seen open issues across Chainlink’s GitHub repositories grow by -0.17 per day on average, while the number of watchers has grown by 0.07.
Chainlink’s Social Media Presence
Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 102 and 10 over the past day for Chainlink. Traders interested in following Chainlink has the biggest presence on Twitter, where it has 32,590 users engaged. Here is the Twitter page for Chainlink.
Where to Buy
Article by SixJupiter