Chainlink Achieves Market Cap of $5.83 Billion (LINK)

Chainlink (LINK) traded up 0.8% against the dollar during the 1-day period ending at 9:00 AM ET on July 11th. One Chainlink token can currently be purchased for $8.02 or 0.00012502 BTC on exchanges. Chainlink has a total market capitalization of $5.83 billion and approximately $179.13 million worth of Chainlink was traded on exchanges in the last day. Over the last week, Chainlink has traded up 1% against the dollar.

Here is how similar cryptocurrencies have performed over the last day:

• 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.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 0.2% higher against the dollar and now trades at $64,060.27 or 0.99881466 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.5% lower against the dollar and now trades at $63,861.48 or 0.99846490 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Chainlink Token Profile

Chainlink launched on September 13th, 2017. Chainlink’s total supply is 1,000,000,000 tokens and its circulating supply is 727,099,970 tokens. 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. The official message board for Chainlink is blog.chain.link. Chainlink’s official Twitter account is @chainlink and its Facebook page is accessible here.

According to CryptoCompare, “Chainlink (LINK) is an oracle platform powered by decentralised oracle networks (DONs) that enables developers and institutions to access verifiable data, cross-chain interoperability (via CCIP), off-chain compute (Functions), compliance tooling (ACE), privacy features such as encrypted secrets, and connectivity to existing systems for blockchain applications. LINK, the network’s native token, is used to pay for services and to reward node operators, aligning incentives around reliable oracle delivery. Founded in 2017 by Sergey Nazarov and Steve Ellis, Chainlink supports use cases across institutional tokenised assets, lending, payments and stablecoins, helping applications operate on consistent, verifiable inputs across chains.”

Chainlink Token Trading

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

LINK/USD price chart by TradingView