Chainlink (LINK) Trading Down 13.6% This Week

Chainlink (LINK) traded down 2.2% against the dollar during the one day period ending at 12:00 PM E.T. on August 3rd. One Chainlink token can currently be bought for approximately $11.76 or 0.00019323 BTC on exchanges. Chainlink has a market cap of $7.15 billion and approximately $229.90 million worth of Chainlink was traded on exchanges in the last 24 hours. In the last seven days, Chainlink has traded down 13.6% against the dollar.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• 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 down 2.2% 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 1.3% against the dollar and now trades at $0.0123 or 0.00000020 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 6% higher against the dollar and now trades at $0.0872 or 0.00000143 BTC.

Chainlink Profile

Chainlink was first traded 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. Chainlink’s official website is 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 message board 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.”

Buying and Selling Chainlink

It is usually not presently possible to purchase alternative cryptocurrencies such as Chainlink directly using US dollars. Investors seeking to acquire Chainlink should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Chainlink using one of the aforementioned exchanges.

LINK/USD price chart by TradingView