Chainlink (LINK) Trading Down 7.8% This Week

Chainlink (LINK) traded 0.8% higher against the dollar during the 24 hour period ending at 23:00 PM Eastern on September 4th. One Chainlink token can currently be purchased for about $10.33 or 0.00017887 BTC on exchanges. Over the last week, Chainlink has traded down 7.8% against the dollar. Chainlink has a total market capitalization of $6.28 billion and $197.46 million worth of Chainlink was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• Taiko (TAIKO) traded 4% higher against the dollar and now trades at $1.41 or 0.00002434 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.
• 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 up 8.9% 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 1% lower against the dollar and now trades at $0.0501 or 0.00000086 BTC.

About Chainlink

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. The official message board for Chainlink is medium.com/chainlink. 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.

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 US dollars. Investors seeking to acquire Chainlink should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Chainlink using one of the exchanges listed above.

LINK/USD price chart by TradingView