Chainlink (LINK) Trading Down 2.6% This Week

Chainlink (LINK) traded 3% lower against the U.S. dollar during the 24-hour period ending at 23:00 PM E.T. on July 22nd. In the last seven days, Chainlink has traded down 2.6% against the U.S. dollar. One Chainlink token can now be purchased for approximately $14.04 or 0.00020791 BTC on exchanges. Chainlink has a total market capitalization of $8.54 billion and $274.59 million worth of Chainlink was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed in the last 24 hours:

• KILT Protocol (KILT) traded down 1.3% against the dollar and now trades at $0.20 or 0.00000293 BTC.
• 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% 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 1.8% lower against the dollar and now trades at $0.0128 or 0.00000019 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 launched on 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 message board is medium.com/chainlink. 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 currently possible to buy alternative cryptocurrencies such as Chainlink directly using U.S. dollars. Investors seeking to trade Chainlink should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. 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