Chainlink Achieves Market Cap of $7.16 Billion (LINK)

Chainlink (LINK) traded down 7.7% against the dollar during the twenty-four hour period ending at 23:00 PM ET on October 31st. Over the last week, Chainlink has traded 4.4% lower against the dollar. One Chainlink token can currently be purchased for approximately $11.42 or 0.00016455 BTC on major exchanges. Chainlink has a market capitalization of $7.16 billion and approximately $281.79 million worth of Chainlink was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed over 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 2.2% lower 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.
• 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 down 2.2% 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.BBN (SOLVBTC.BB) traded 3.6% lower against the dollar and now trades at $69,554.14 or 1.00236260 BTC.
• SolvBTC (SOLVBTC) traded 3.8% lower against the dollar and now trades at $69,494.02 or 1.00149623 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 genesis date was September 19th, 2017. Chainlink’s total supply is 1,000,000,000 tokens and its circulating supply is 626,849,970 tokens. The Reddit community for Chainlink is https://reddit.com/r/chainlink and the currency’s Github account can be viewed here. The official website for Chainlink is chain.link. The official message board for Chainlink is medium.com/chainlink. Chainlink’s official Twitter account is @chainlink and its Facebook page is accessible 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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini 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