Chainlink 24 Hour Trading Volume Tops $245.50 Million (LINK)

Chainlink (LINK) traded 5.5% lower against the dollar during the 1 day period ending at 10:00 AM Eastern on October 23rd. One Chainlink token can now be bought for about $11.44 or 0.00017122 BTC on popular exchanges. Chainlink has a total market cap of $7.17 billion and approximately $245.50 million worth of Chainlink was traded on exchanges in the last day. In the last seven days, Chainlink has traded up 1.2% against the dollar.

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

• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 down 2.2% 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 0% against the dollar and now trades at $0.0944 or 0.00000141 BTC.
• P2P Solutions foundation (P2PS) traded down 1.3% against the dollar and now trades at $166.89 or 0.00249890 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 626,849,970 tokens. Chainlink’s official Twitter account is @chainlink and its Facebook page is accessible here. Chainlink’s official message board 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. The official website for Chainlink 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 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 Changelly. 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