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Home Crypto News Chainlink (LINK) Price Decreases More Than 6% Within 24 Hours
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Chainlink (LINK) Price Decreases More Than 6% Within 24 Hours

  • by Dhaval
  • 2024-06-08
  • 0 Comments
  • Less than a minute
  • 1032 Views
  • 2 years ago
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Chainlink (LINK) Price Decreases More Than 6% Within 24 Hours

Over the past 24 hours, the price of Chainlink (LINK) has fallen 6.88% to $16.17. 

This continues its negative trend over the past week where it has experienced a 11.0% loss, moving from $18.08 to its current price.

The chart below compares the price movement and volatility for over the past 24 hours (left) to its price movement over the past week (right). 

Chainlink (LINK) Price Decreases More Than 6% Within 24 Hours
Chainlink Price and Volatility Chart

 

The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has increased 31.0% over the past week while the overall circulating supply of the coin has increased 0.28% to over 587.10 million which makes up an estimated 58.71% of its max supply, which is 1.00 billion. 

The current market cap ranking for LINK is #16 at $9.49 billion.

Chainlink (LINK) Price Decreases More Than 6% Within 24 Hours
Chainlink Price Chart | Source: Coinstats

 

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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Dhaval

Dhaval

Author
Dhaval Aggarwal covers cryptocurrency markets and Web3 venture investing for BitcoinWorld. His reporting focuses on funding rounds, exchange listings, on-chain treasury activity, and the partnerships connecting crypto-native firms with traditional finance. Since joining the desk in 2023, he has tracked the deal flow behind major Layer-2 networks, Bitcoin treasury programs, and institutional adoption stories. He writes daily news pieces for active traders and longer analyses for readers following where the next cycle of crypto growth is heading.
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