Chainlink Market Capitalization Hits $6.77 Billion (LINK)

Chainlink (LINK) traded 5.3% higher against the dollar during the 24-hour period ending at 18:00 PM E.T. on November 5th. Chainlink has a market cap of $6.77 billion and $245.09 million worth of Chainlink was traded on exchanges in the last 24 hours. In the last week, Chainlink has traded down 8% against the dollar. One Chainlink token can now be bought for approximately $10.81 or 0.00015568 BTC on exchanges.

Here is how similar cryptocurrencies have performed in the last 24 hours:

• 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 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.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 2.3% higher against the dollar and now trades at $69,277.64 or 0.99802688 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 2.2% against the dollar and now trades at $69,226.34 or 0.99728780 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Chainlink

Chainlink’s genesis 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. The official website for Chainlink is chain.link. The Reddit community for Chainlink is https://reddit.com/r/chainlink and the currency’s Github account can be viewed here. Chainlink’s official message board is medium.com/chainlink.

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 Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. 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