Chainlink Falls More Than 4% In 24 hours
Latest News News

Chainlink Falls More Than 4% In 24 hours

Over the past 24 hours, Chainlink’s price has fallen 4.04% to $13.91. This continues its negative trend over the past week where it has experienced a 7.0% loss, moving from $15.24 to its current price.

Chainlink Price Chart | Source: Coinstats


The chart below compares the price movement and volatility for Chainlink over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements.

Chainlink price and volatility


The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

Chainlink circulating supply and trading volume


The trading volume for the coin has decreased 15.0% over the past week, while the overall circulating supply of the coin has increased 0.15% to over 556.85 million.

Read More: Chainlink Launches LINK Staking V0.2, What You Need To Know

This puts its current circulating supply at an estimated 55.68% of its max supply, which is 1.00 billion. The current market cap ranking for LINK is #13 at $7.90 billion.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.