Chainlink (LINK) Trading Down 10.2% This Week

Chainlink (LINK) traded 3.5% lower against the dollar during the 1-day period ending at 15:00 PM E.T. on November 17th. One Chainlink token can now be purchased for $13.48 or 0.00037093 BTC on popular exchanges. Over the last week, Chainlink has traded 10.2% lower against the dollar. Chainlink has a total market capitalization of $7.51 billion and $777.04 million worth of Chainlink was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded 11.5% higher against the dollar and now trades at $0.45 or 0.00001226 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.
• OmniaVerse (OMNIA) traded 1.6% lower against the dollar and now trades at $0.0008 or 0.00000002 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 up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded 0% higher against the dollar and now trades at $0.0049 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 0.8% against the dollar and now trades at $0.0085 or 0.00000023 BTC.

About Chainlink

Chainlink was first traded on September 19th, 2017. Chainlink’s total supply is 1,000,000,000 tokens and its circulating supply is 556,849,970 tokens. Chainlink’s official message board is medium.com/chainlink. The official website for Chainlink 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 Twitter account is @chainlink and its Facebook page is accessible here.

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