Chainlink Achieves Market Cap of $16.38 Billion (LINK)

Chainlink (LINK) traded up 5.1% against the dollar during the twenty-four hour period ending at 11:00 AM ET on December 8th. One Chainlink token can now be bought for $26.12 or 0.00026096 BTC on major cryptocurrency exchanges. Chainlink has a total market cap of $16.38 billion and $1.53 billion worth of Chainlink was traded on exchanges in the last 24 hours. During the last week, Chainlink has traded up 38.3% against the dollar.

Here’s how related 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 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 up 1.2% 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.
• SolvBTC (SOLVBTC) traded 0.4% higher against the dollar and now trades at $99,780.25 or 0.99674541 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.4% higher against the dollar and now trades at $99,527.47 or 0.99422027 BTC.
• Lumi Credits (LUMI) traded 8.9% higher 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.

About Chainlink

Chainlink launched on September 19th, 2017. Chainlink’s total supply is 1,000,000,000 tokens and its circulating supply is 626,849,970 tokens. 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 Twitter account is @chainlink and its Facebook page is accessible 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.”

Buying and Selling Chainlink

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