Chainlink: What’s the Latest Regarding its Price?
At the time of this writing, Chainlink has a price of $1.607 USD, which puts it down by approximately 6.95% from yesterday. This marked the the 2nd day in a row Chainlink has been down; it is still in a unclear trend, and is currently 7.03% below 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 $1.511752 and $1.945148 based on its momentum and volatility over the past 14 days. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
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As for Chainlink’s market cap, it is currently at about $580M US dollars.
Daily Engagement Metrics Update
Over the past 24 hours, 6,315 transfers have been added to the blockchain recording transactions amongst holders of Chainlink. In terms of estimating the number of holders, over the past day the total number of wallets holding Chainlink has gone up by approximately 64. To provide context, we’d rank this token as 7 out of the 31 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Just How Rich are Chainlink’s Richest Holders?
The top 1,000 Chainlink wallets hold over 91.78% of the token’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 0.95% 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 0.31% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.03%.
How Much Development is Occurring?
The last activity date on Chainlink’s GitHub repository occurred on today, September 27, 2019. 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 0.03 per day, while the number of followers watching Chainlink’s repositories is growing by -0.23.
The Latest on Chainlink and Social Media
In terms of social media presence, Chainlink saw its Twitter followers and Reddit subscribers go up by 51 and 13 over the past 24 hours. If you are interested in following Chainlink on social media, Twitter, where it has 33,373 following it, may be a good place to start. 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
