Chainlink (LINK) Achieves Market Cap of $6.96 Billion

Chainlink (LINK) traded down 6% against the US dollar during the 24-hour period ending at 8:00 AM ET on February 1st. Over the last seven days, Chainlink has traded 18.3% lower against the US dollar. One Chainlink token can now be purchased for approximately $9.83 or 0.00012557 BTC on exchanges. Chainlink has a total market cap of $6.96 billion and $1.37 billion worth of Chainlink was traded on exchanges in the last day.

Here’s 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 2.2% lower 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.
• 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.
• SolvBTC.BBN (SOLVBTC.BB) traded 10.5% lower against the dollar and now trades at $78,474.12 or 0.99372946 BTC.
• SolvBTC (SOLVBTC) traded 5.3% lower against the dollar and now trades at $78,415.09 or 1.00146070 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 down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Chainlink Token Profile

Chainlink’s genesis date was September 16th, 2017. Chainlink’s total supply is 1,000,000,000 tokens and its circulating supply is 708,099,970 tokens. 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 blog.chain.link. The official website for Chainlink is chain.link. Chainlink’s official Twitter account is @chainlink and its Facebook page is accessible here.

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 currently possible to purchase alternative cryptocurrencies such as Chainlink directly using U.S. dollars. Investors seeking to acquire Chainlink should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Chainlink using one of the exchanges listed above.

LINK/USD price chart by TradingView