Chainlink: What’s the Latest Regarding its Price?
Chainlink’s current price, at the time of this writing, is $1.75 USD, up by approximately 1.63% 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 12.99% below its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. 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 $1.723464 and $2.299236. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
Where to trade Chainlink (symbol: LINK): Gate, Yobit, Binance, DDEX
As for Chainlink’s market cap, it is currently at about $606M US dollars.
Straight Off the Chain
Over the past 24 hours, 6,602 transfers have been added to the blockchain recording transactions amongst holders of Chainlink. Regarding a tally of holders, Yesterday saw Chainlink’s wallet count rise by 149. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Chainlink ranked 1 out of the 30 Ethereum tokens we’re tracking.
How are the Strong Holders of Chainlink Faring?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 91.71%. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 0.83% 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 -0.08%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.01%.
How Much Development is Occurring?
The last activity date on Chainlink’s GitHub repository occurred on today, September 07, 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 0.17 per day, while the number of followers watching Chainlink’s repositories is growing by 1.33.
What’s Going on Social Media?
Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 33 and 9 over the past day for Chainlink. Traders interested in following Chainlink has the biggest presence on Twitter, where it has 32,324 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
