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Chainlink Price Feeds Is Now Available On The Moonbeam Network

Twitter icon  •  Published 2 years ago  •  Hassan Maishera

The Chainlink team announced via Twitter on Wednesday that its Price Feeds feature is now available on the Moonbeam network.

The Chainlink team announced via Twitter on Wednesday that its Price Feeds feature is now available on the Moonbeam network. Moonbeam said the integration of Price Feeds helps enable builders to reliably source aggregated price information from many exchanges, helping ensure price accuracy.

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up by more than 11% over the past 24 hours and is trading at $6.96 at press time.

Moonbeam is an Ethereum Virtual Machine (EVM)-compatible blockchain that operates as a parachain on the Polkadot network. Being EVM-compatible allows Ethereum-based applications to deploy on Moonbeam. GLMR, the native token of the Moonbeam network, is up by more than 3% today and currently trades at $0.8550 per coin. 

 

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.