Chainlink Price Tops $27.31 (LINK)

Chainlink (CURRENCY:LINK) traded 11.3% higher against the U.S. dollar during the 1 day period ending at 7:00 AM ET on October 14th. Chainlink has a market cap of $12.51 billion and $1.34 billion worth of Chainlink was traded on exchanges in the last day. One Chainlink coin can now be purchased for approximately $27.31 or 0.00047362 BTC on major cryptocurrency exchanges. During the last week, Chainlink has traded up 0.7% against the U.S. dollar.

Here is how similar cryptocurrencies have performed during the last day:

  • Starname (IOV) traded 3.9% lower against the dollar and now trades at $4,099.30 or 0.08159023 BTC.
  • Binance USD (BUSD) traded down 0% against the dollar and now trades at $1.00 or 0.00001735 BTC.
  • Polygon (MATIC) traded 2.4% higher against the dollar and now trades at $1.32 or 0.00002639 BTC.
  • Polygon (MATIC) traded up 4.7% against the dollar and now trades at $1.27 or 0.00002196 BTC.
  • Axie Infinity (AXS) traded up 3% against the dollar and now trades at $124.07 or 0.00215162 BTC.
  • DREP (DREP) traded down 21% against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded down 19.5% against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • FTX Token (FTT) traded up 5.6% against the dollar and now trades at $55.33 or 0.00095953 BTC.
  • Dai (DAI) traded 0.1% higher against the dollar and now trades at $1.00 or 0.00001736 BTC.
  • THETA (THETA) traded up 7% against the dollar and now trades at $6.17 or 0.00010695 BTC.

Chainlink Coin Profile

Chainlink (LINK) is a coin. It launched on September 16th, 2017. Chainlink’s total supply is 1,000,000,000 coins and its circulating supply is 458,009,554 coins. Chainlink’s official Twitter account is @smart_contract and its Facebook page is accessible here. The official message board for Chainlink is medium.com/chainlink. The Reddit community for Chainlink is /r/chainlink and the currency’s Github account can be viewed here. Chainlink’s official website is chain.link.

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 Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Chainlink using one of the exchanges listed above.

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