Chainlink Price Update
At the time of this writing, Chainlink has a price of $1.835 USD, which puts it down by approximately 2.39% from yesterday. The down day for Chainlink yesterday was a reversal from the day before it, which puts its price at 5.38% above its 20 day moving average. Over the past two weeks, price has been in a unclear 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 $1.534469 and $1.948131, based on how price has behaved in the two weeks prior. Price’s current proximity to the top of the range may make selling an attractive opportunity to traders interested in trading the range.
Where to trade Chainlink (symbol: LINK): Gate, Yobit, Binance, DDEX
The currency’s market cap currently stands at $658 million US dollars.
Straight Off the Chain
Yesterday saw 6,906 transfers amongst holders of Chainlink. Regarding a tally of holders, Yesterday saw Chainlink’s wallet count increase by 439. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Chainlink ranked 5 out of the 33 Ethereum tokens we’re tracking.
Observing Chainlink’s Richest Wallets
Of the coin’s total money supply, the richest 1,0000 wallets currently own 91.47%. 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 0.97% of the currency’s total money supply. Exchange ownership grew by -0.05% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.05% over that time period.
How Active are the Software Developers?
In terms of how active the software development team working on Chainlink is, it may be worth observing that the last time any work pertaining to code was done on their GitHub code repository was on September 19, 2019, or approximately 1 days before. 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 0.17 per day, while the number of followers watching Chainlink’s repositories is growing by 0.03.
What’s Going on Social Media?
Traders interested in following Chainlink has the biggest presence on Twitter, where it has 32,756 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
