Chainlink 1-Day Volume Tops $517.03 Million (LINK)

Chainlink (LINK) traded 4.3% lower against the dollar during the 24-hour period ending at 12:00 PM Eastern on February 6th. Over the last seven days, Chainlink has traded 25.1% lower against the dollar. One Chainlink token can now be purchased for approximately $18.68 or 0.00019329 BTC on exchanges. Chainlink has a total market cap of $11.92 billion and $517.03 million worth of Chainlink was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed over the last day:

• GMX (GMX) traded down 0.4% against the dollar and now trades at $16.97 or 0.00017564 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 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 up 1.2% 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 1.3% lower against the dollar and now trades at $96,632.63 or 1.00015247 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 1.1% against the dollar and now trades at $96,465.56 or 0.99842327 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 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 638,099,970 tokens. Chainlink’s official Twitter account is @chainlink and its Facebook page is accessible here. Chainlink’s official website is chain.link. Chainlink’s official message board is medium.com/chainlink. 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 (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 possible to buy alternative cryptocurrencies such as Chainlink directly using U.S. dollars. Investors seeking to acquire Chainlink should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Chainlink using one of the exchanges listed above.

LINK/USD price chart by TradingView