February 27, 2023 2:00 PM | 1 min learn
Over the previous 24 hours, Chainlink’s (CRYPTO: LINK) worth has fallen 3.2% to $7.18. This continues its destructive development over the previous week the place it has skilled a 9.0% loss, shifting from $8.01 to its present worth.
The chart beneath compares the worth motion and volatility for Chainlink over the previous 24 hours (left) to its worth motion over the previous week (proper). The grey bands are Bollinger Bands, measuring the volatility for each the each day and weekly worth actions. The broader the bands are, or the bigger the grey space is at any given second, the bigger the volatility.
The buying and selling quantity for the coin has decreased 43.0% over the previous week, whereas the general circulating provide of the coin has elevated 0.16% to over 491.60 million. This places its present circulating provide at an estimated 49.16% of its max provide, which is 1.00 billion. The present market cap rating for LINK is #24 at $3.52 billion.
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