Chainlink Price Update
At the time of this writing, Chainlink has a price of $1.816 USD, which puts it up by approximately 2.14% from yesterday. Chainlink is currently in a down, but it should be noted that this is now the the 2nd consecutive day that price has been up. Moreover, Chainlink is now 8.23% below its 20 day moving average. 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 $1.742543 and $2.215157. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
Where to trade Chainlink (symbol: LINK): Gate, Yobit, Binance, DDEX
As for Chainlink’s market cap, it is currently at about $621M US dollars.
Straight Off the Chain
Yesterday saw 3,470 transfers 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 159. If we observe percentage growth in holders and transfers, we find that Chainlink ranks 1 out of the 30 Ethereum tokens we are tracking.
Just How Rich are Chainlink’s Richest Holders?
In terms of wealth concentration, the richest 1,000 wallets own 91.7% of the coin’s total money supply. 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 0.81% of the currency’s total money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by -0.07% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.09%.
How Much Development is Occurring?
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 07, 2019, or approximately 1 days before. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Chainlink are growing by 0.23 and 1.27, respectively, over the past 30 days.
The Latest on Chainlink and Social Media
In terms of social media presence, Chainlink saw its Twitter followers and Reddit subscribers go up by 35 and 2 over the past 24 hours. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. 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
