Chainlink Trading 9.7% Lower Over Last Week (LINK)

Chainlink (LINK) traded 2.2% lower against the US dollar during the 1-day period ending at 14:00 PM Eastern on April 29th. One Chainlink token can now be purchased for approximately $13.89 or 0.00022114 BTC on major exchanges. Chainlink has a total market capitalization of $8.15 billion and $278.23 million worth of Chainlink was traded on exchanges in the last day. Over the last seven days, Chainlink has traded 9.7% lower against the US dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded down 1.4% against the dollar and now trades at $0.30 or 0.00000471 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• BitcoinBR (BTCBR) traded 41,446,904.3% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 1.4% against the dollar and now trades at $0.0095 or 0.00000015 BTC.

Chainlink Token Profile

Chainlink’s launch date was September 19th, 2017. Chainlink’s total supply is 1,000,000,000 tokens and its circulating supply is 587,099,970 tokens. The official message board for Chainlink is medium.com/chainlink. Chainlink’s official Twitter account is @chainlink and its Facebook page is accessible here. Chainlink’s official website is chain.link. The Reddit community for Chainlink is https://reddit.com/r/chainlink and the currency’s Github account can be viewed here.

According to CryptoCompare, “Chainlink (LINK) is a decentralized oracle network enabling real-world data connectivity to smart contracts on the Ethereum blockchain. LINK, the network’s native cryptocurrency token, is used to pay for oracle services, incentivize accurate data provision, and reward node operators. Founded by Sergey Nazarov and Steve Ellis in 2017, Chainlink enhances the functionality of decentralized applications (DApps) by ensuring secure and reliable data connection. This technology supports various applications such as financial services and supply chain management, strengthening the overall blockchain ecosystem.”

Buying and Selling Chainlink

It is usually not possible to purchase alternative cryptocurrencies such as Chainlink directly using US dollars. Investors seeking to trade Chainlink should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Chainlink using one of the aforementioned exchanges.

LINK/USD price chart by TradingView