Chainlink Price Update
Chainlink’s current price, at the time of this writing, is $1.581 USD, up by approximately 0.7% from the day prior. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 11.56% below its 20 day moving average, and is currently in a down trend over the past 14 days. 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 $1.5897 and $1.9856. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
Where to trade Chainlink (symbol: LINK): Gate, Yobit, Binance, DDEX
The currency’s market cap currently stands at $551 million US dollars.
Daily Engagement Metrics Update
Over the past 24 hours, 5,080 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 125. To provide context, we’d rank this token as 5 out of the 33 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Just How Rich are Chainlink’s Richest Holders?
In terms of wealth concentration, the richest 1,000 wallets own 91.55% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 1.16% 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 -0.15% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.35%.
How Much Development is Occurring?
The last activity date on Chainlink’s GitHub repository was September 13, 2019, or about 2 days ago. Over the past 30 days, we’ve seen open issues across Chainlink’s GitHub repositories grow by -0.07 per day on average, while the number of watchers has grown by 0.
What’s Going on Social Media?
Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 34 and 7 over the past day for Chainlink. If you are interested in following Chainlink on social media, Twitter, where it has 32,624 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
