Chainlink (LINK) Hits Market Capitalization of $8.48 Billion

Chainlink (LINK) traded up 1.3% against the U.S. dollar during the twenty-four hour period ending at 11:00 AM E.T. on May 5th. One Chainlink token can now be bought for about $14.45 or 0.00022465 BTC on cryptocurrency exchanges. During the last seven days, Chainlink has traded 2.1% higher against the U.S. dollar. Chainlink has a total market cap of $8.48 billion and $188.02 million worth of Chainlink was traded on exchanges in the last day.

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

• KILT Protocol (KILT) traded up 1.3% against the dollar and now trades at $0.30 or 0.00000469 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 down 2.2% 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 up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 0.9% against the dollar and now trades at $0.0100 or 0.00000016 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Chainlink

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

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.”

Chainlink Token Trading

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

LINK/USD price chart by TradingView