Chainlink Achieves Market Cap of $7.16 Billion (LINK)

Chainlink (LINK) traded down 7.7% against the US dollar during the 1 day period ending at 23:00 PM Eastern on October 31st. During the last week, Chainlink has traded down 4.4% against the US dollar. One Chainlink token can now be bought for about $11.42 or 0.00016455 BTC on popular exchanges. Chainlink has a total market cap of $7.16 billion and $281.79 million worth of Chainlink was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during 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 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 3.6% against the dollar and now trades at $69,554.14 or 1.00236260 BTC.
• SolvBTC (SOLVBTC) traded down 3.8% against the dollar and now trades at $69,494.02 or 1.00149623 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Chainlink Token Profile

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

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 currently possible to buy alternative cryptocurrencies such as Chainlink directly using U.S. dollars. Investors seeking to trade Chainlink should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Chainlink using one of the aforementioned exchanges.

LINK/USD price chart by TradingView