Chainlink Market Cap Reaches $6.75 Billion (LINK)

Chainlink (LINK) traded 4.2% lower against the US dollar during the 24-hour period ending at 14:00 PM E.T. on October 2nd. Chainlink has a market capitalization of $6.75 billion and $343.84 million worth of Chainlink was traded on exchanges in the last day. One Chainlink token can currently be purchased for about $10.77 or 0.00017472 BTC on major cryptocurrency exchanges. Over the last seven days, Chainlink has traded 12.4% lower against the US dollar.

Here is how similar 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 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 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 13.9% against the dollar and now trades at $0.0405 or 0.00000066 BTC.
• P2P Solutions foundation (P2PS) traded 2.5% lower against the dollar and now trades at $158.06 or 0.00256435 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 626,849,970 tokens. The Reddit community for Chainlink is https://reddit.com/r/chainlink and the currency’s Github account can be viewed here. The official website for Chainlink is chain.link. Chainlink’s official Twitter account is @chainlink and its Facebook page is accessible here. Chainlink’s official message board is medium.com/chainlink.

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 presently possible to buy alternative cryptocurrencies such as Chainlink directly using US dollars. Investors seeking to acquire Chainlink should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. 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