Chainlink Market Capitalization Tops $6.10 Billion (LINK)

Chainlink (LINK) traded 3.9% lower against the US dollar during the twenty-four hour period ending at 8:00 AM Eastern on February 9th. Chainlink has a total market capitalization of $6.10 billion and approximately $589.23 million worth of Chainlink was traded on exchanges in the last day. One Chainlink token can currently be purchased for about $8.62 or 0.00012460 BTC on popular exchanges. During the last week, Chainlink has traded down 10.4% against the US dollar.

Here is how related cryptocurrencies have performed during 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 up 1.2% 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.
• SolvBTC (SOLVBTC) traded down 1.5% against the dollar and now trades at $69,857.67 or 1.00994732 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Chainlink Profile

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

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 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 Gemini, Coinbase or GDAX. 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