Chainlink Trading 14.8% Lower Over Last Week (LINK)

Chainlink (LINK) traded 11.3% lower against the US dollar during the one day period ending at 11:00 AM Eastern on February 2nd. One Chainlink token can now be purchased for $21.73 or 0.00021995 BTC on popular cryptocurrency exchanges. Chainlink has a total market capitalization of $13.87 billion and approximately $798.91 million worth of Chainlink was traded on exchanges in the last 24 hours. During the last week, Chainlink has traded down 14.8% against the US dollar.

Here is how other cryptocurrencies have performed during 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 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.
• SolvBTC (SOLVBTC) traded down 3.1% against the dollar and now trades at $98,739.76 or 0.99927327 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2.9% lower against the dollar and now trades at $98,639.14 or 0.99825501 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 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Chainlink Profile

Chainlink’s genesis date was September 19th, 2017. Chainlink’s total supply is 1,000,000,000 tokens and its circulating supply is 638,099,970 tokens. 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. Chainlink’s official Twitter account is @chainlink and its Facebook page is accessible 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 U.S. dollars. Investors seeking to trade Chainlink should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. 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