In the last 24 hours the price of Chainlink (CRYPTO: LINK) rose 17.49% to $16.02. In the last week LINK has recorded an increase of more than 16%, rising from $13.83 to its current price. The coin’s all-time high is currently $52.70.
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The chart below compares Chainlink’s price movement and volatility over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger bands, which measure volatility for both daily and weekly price movements; the wider the bands or the larger the gray area at any given time, the greater the volatility.
Over the past week, Chainlink trading volume has surged 360%, moving in the same direction as the cryptocurrency’s overall circulating supply, which observed an increase of 0.14%; this data brings the circulating supply to 587.10 million coins, which is estimated to correspond to 58.71% of its maximum supply, quantified at 1 billion coins. According to our data, LINK’s current ranking by market cap is #17 at $9.45 billion.
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