Chainlink Trading 4.8% Lower This Week (LINK)

Chainlink (LINK) traded 0.6% lower against the dollar during the twenty-four hour period ending at 9:00 AM Eastern on July 28th. Chainlink has a total market capitalization of $8.28 billion and $203.45 million worth of Chainlink was traded on exchanges in the last day. One Chainlink token can now be bought for about $13.62 or 0.00020038 BTC on major exchanges. During the last week, Chainlink has traded down 4.8% against the dollar.

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

• KILT Protocol (KILT) traded down 0.9% against the dollar and now trades at $0.19 or 0.00000273 BTC.
• 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 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 down 0.1% against the dollar and now trades at $0.0134 or 0.00000020 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Chainlink Token Profile

Chainlink’s launch date was September 19th, 2017. Chainlink’s total supply is 1,000,000,000 tokens and its circulating supply is 608,099,970 tokens. The official website for Chainlink is chain.link. 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.

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

LINK/USD price chart by TradingView