Sunday, September 25, 2022

The Cost of the Chainlink (LINK) Token is $7.810 Per Coin.

chainlink Chainlink (LINK)

-0.09% (24H)
Watch
Low 24H: $7.610 High 24H: $8.060
Market CapVolumeAvailable Supply
$3.86 B $706.77 M491.60 M LINK
ATHATH(% Change)ATH Date
$52.70-85.10%2021-05-10

The Chainlink (LINK) cost-per-coin is about ~$7.810/LINK. The Chainlink (LINK) project has a total marketcap of $3.86 B, with the $LINK token price moving -0.09% down (in the past 24 hours).

Notes About "Marketcap" Math:

There is are simple formulas for calculating "the total market capitalization" (AKA: Marketcap) for a given project, and these simple-formulas can be written-or-talked about in different ways.

In one example: If we take cost-per-coin (ie: $7.810 for $LINK), and multiple that by the "calculated-circulating" supply (sometime a controversial number for Chainlink), then this will equal the given "total marketcap" number (ie: $3.86 B for Chainlink). Yet, when the price changes (ie: -0.09% down in the past 24 hours), then the marketcap changes, too.

In another example: If we take the given "total marketcap" number (ie: $3.86 B for Chainlink), and we divide by the cost-per-coin (ie: $7.810 for $LINK), then we will know the the "calculated-circulating" supply that is being used, (again, which sometime a controversial number for $LINK). So, when the total "calculated-circulating" supply metric changes for $LINK, then cost-per-coin AND the total marketcap both change, too.

About The Chainlink ($LINK) Project:

Chainlink is a framework for building Decentralized Oracle Networks (DONs) that bring real-world data onto blockchain networks, enabling the creation of hybrid smart contracts. These DONs provide decentralized services such as Price Feeds, Proof of Reserve, Verifiable Randomness, Keepers, and the ability to connect to any web API.It aims to ensure that the external information (pricing, weather data, event outcomes, etc.) and off-chain computations (randomness, transaction automation, fair ordering, etc.) fed to on-chain smart contracts are reliable and tamper-proof.

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