Chainlink (LINK) Tops 24 Hour Volume of $1.07 Billion

Chainlink (LINK) traded up 9.8% against the U.S. dollar during the twenty-four hour period ending at 7:00 AM ET on October 20th. Chainlink has a market capitalization of $12.76 billion and approximately $1.07 billion worth of Chainlink was traded on exchanges in the last day. One Chainlink token can currently be purchased for about $18.81 or 0.00016983 BTC on exchanges. In the last seven days, Chainlink has traded down 4.5% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed in the last day:

• 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 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 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 3.4% higher against the dollar and now trades at $110,862.93 or 1.00088749 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.8% higher against the dollar and now trades at $108,522.08 or 0.99620786 BTC.
• Lumi Credits (LUMI) traded up 8.9% 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.

About Chainlink

Chainlink’s launch date was September 16th, 2017. Chainlink’s total supply is 1,000,000,000 tokens and its circulating supply is 678,099,970 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 website is chain.link. The official message board for Chainlink is blog.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.”

Buying and Selling Chainlink

It is usually not possible to buy alternative cryptocurrencies such as Chainlink directly using US dollars. Investors seeking to acquire 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 exchanges listed above.

LINK/USD price chart by TradingView