Chainlink Rises More Than 5% In 24 hours

Benzinga – by Benzinga Insights, Benzinga Staff Writer.

Chainlink’s (CRYPTO: LINK) price has increased 5.54% over the past 24 hours to $14.11, which is in the opposite direction of its trend over the past week, where it has experienced a 12.0% loss, moving from $16.11 to its current price. As it stands right now, the coin’s all-time high is $52.70.

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. 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 decreased 13.0% over the past week, while the overall circulating supply of the coin has increased 0.04% to over 587.10 million. This puts its current circulating supply at an estimated 58.71% of its max supply, which is 1.00 billion. The current market cap ranking for LINK is #16 at $8.31 billion.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Read the original article on Benzinga