Chainlink (LINK) Price Down 10.6% This Week

Chainlink (LINK) traded 4.1% lower against the U.S. dollar during the 24 hour period ending at 12:00 PM ET on January 29th. Chainlink has a market capitalization of $14.47 billion and approximately $569.20 million worth of Chainlink was traded on exchanges in the last 24 hours. One Chainlink token can now be bought for $22.68 or 0.00022264 BTC on cryptocurrency exchanges. During the last week, Chainlink has traded 10.6% lower against the U.S. dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• 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 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 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded down 0.7% against the dollar and now trades at $101,654.48 or 0.99777986 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.4% lower against the dollar and now trades at $101,527.20 or 0.99653055 BTC.
• Lumi Credits (LUMI) traded 8.9% higher 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.

About Chainlink

Chainlink’s launch date was September 19th, 2017. Chainlink’s total supply is 1,000,000,000 tokens and its circulating supply is 638,099,970 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. The official website for Chainlink is chain.link. The official message board for Chainlink 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.”

Chainlink Token Trading

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

LINK/USD price chart by TradingView