Chainlink Market Capitalization Tops $6.10 Billion (LINK)

Chainlink (LINK) traded down 3.9% against the dollar during the 1-day period ending at 8:00 AM E.T. on February 9th. Over the last week, Chainlink has traded down 10.4% against the dollar. One Chainlink token can currently be bought for about $8.62 or 0.00012460 BTC on exchanges. Chainlink has a total market capitalization of $6.10 billion and $589.23 million worth of Chainlink was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed over 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 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 1.5% lower against the dollar and now trades at $69,857.67 or 1.00994732 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 16th, 2017. Chainlink’s total supply is 1,000,000,000 tokens and its circulating supply is 708,099,970 tokens. The official message board for Chainlink is blog.chain.link. 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. Chainlink’s official Twitter account is @chainlink and its Facebook page is accessible here.

According to CryptoCompare, “Chainlink is a blockchain-base middleware, acting as a bridge between cryptocurrency smart contracts and off-chain resources like data feeds, various web APIs, and traditional bank account payments. This way, Chainlink allows Smart Contracts to communicate with external resources on their own. LINK is an ERC20 token based on the Ethereum Blockchain. It is used to pay Chainlink Node operators for the retrieval of data from off-chain data feeds, formatting of data into blockchain readable formats, off-chain computation, and uptime guarantees they provide as operators.”

Chainlink Token Trading

It is usually not 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 GDAX, Changelly or Gemini. 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