Chainlink Price Down 8.3% This Week (LINK)

Chainlink (LINK) traded 4.9% higher against the dollar during the 24 hour period ending at 22:00 PM Eastern on September 7th. One Chainlink token can now be bought for approximately $10.05 or 0.00018542 BTC on popular cryptocurrency exchanges. Chainlink has a total market cap of $6.11 billion and $159.78 million worth of Chainlink was traded on exchanges in the last day. During the last seven days, Chainlink has traded 8.3% lower against the dollar.

Here is how other cryptocurrencies have performed during the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% 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 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 8.9% higher 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 4.5% against the dollar and now trades at $0.0506 or 0.00000094 BTC.
• 2G Carbon Coin (2GCC) traded 0.4% lower against the dollar and now trades at $0.0480 or 0.00000183 BTC.

Chainlink Token Profile

Chainlink’s genesis date was September 19th, 2017. Chainlink’s total supply is 1,000,000,000 tokens and its circulating supply is 608,099,970 tokens. Chainlink’s official Twitter account is @chainlink and its Facebook page is accessible here. 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.

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 Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Chainlink using one of the aforementioned exchanges.

LINK/USD price chart by TradingView