Chainlink (LINK) Market Capitalization Hits $7.96 Billion

Chainlink (LINK) traded 8.4% higher against the US dollar during the 24-hour period ending at 8:00 AM E.T. on August 20th. One Chainlink token can now be purchased for approximately $10.64 or 0.00014871 BTC on popular exchanges. Over the last seven days, Chainlink has traded up 22.5% against the US dollar. Chainlink has a market capitalization of $7.96 billion and approximately $49.32 million worth of Chainlink was traded on exchanges in the last day.

Here is how related 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 down 2.2% 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.
• UZDT (UZDT) traded 0% higher against the dollar and now trades at $1.00 or 0.00001387 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.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 11.7% higher against the dollar and now trades at $71,866.79 or 1.00469104 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Chainlink Token Profile

Chainlink’s genesis date was September 13th, 2017. Chainlink’s total supply is 1,000,000,000 tokens and its circulating supply is 748,099,970 tokens. Chainlink’s official website is chain.link. The official message board for Chainlink is blog.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 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. Telegram, Discord, YouTube, WeChat, Kakao, Reddit, GitHub, MediumWhitepaper”

Buying and Selling Chainlink

It is usually not currently possible to buy alternative cryptocurrencies such as Chainlink directly using US dollars. Investors seeking to acquire Chainlink should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. 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