Republic Token Price Update
Republic Token is up by approximately 30.64% from the previous day, with its price currently hovering around $0.1407 USD. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 29.45% above its 20 day moving average, and is currently in a unclear trend over the past 14 days. Republic Token’s expected trading range — as forecasted by the Bollinger bands indicator, which determines a range based on momentum and volatility over the past two weeks — is between $0.084115 and $0.133261. Price’s current proximity to the top of the range may make shorting an attractive opportunity to traders interested in trading the range.
Where to trade Republic Protocol (symbol: REN): Yobit, Binance, DDEX
The market capitalization of Republic Token, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $98 million.
Republic Token’s Surprises of the Day
The following metrics showed unusual change over the past 24 hours for Republic Token: price and holders added. Further investigation may be warranted.
Update on Transactions and Holders
1,018 transactions amongst holders of Republic Token occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Republic Token jump by 0. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Republic Token ranked 12 out of the 36 Ethereum tokens we’re tracking.
How are the Strong Holders of Republic Token Faring?
The top 1,000 Republic Token wallets hold over 97.54% of the token’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 4.07% of the currency’s money supply. Exchange ownership grew by -0.35% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.05% over that time period. As for the Republic Token’s smart contract itself, that owns 0.01% of the total money supply, an amount unchanged from the week prior.
How Active are the Software Developers?
The last activity date on Republic Token’s GitHub repository was July 31, 2019, or about 5 days ago. To understand how code development is progressing, we can observe growth rates over the past 30 days in the number of open issues and the number of watchers: open issuers have been growing at about -0.03 per day, while the number of followers watching Republic Token’s repositories is growing by 0.
Republic Token’s Social Media Presence
Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 70 and 2 over the past day for Republic Token. Traders interested in following Republic Token has the biggest presence on Twitter, where it has 8,832 users engaged. Here is the Twitter page for Republic Token.
Where to Buy
You can trade Republic Protocol, listed under the symbol REN, through the following exchanges: Yobit, Binance, DDEX.
Article by SixJupiter
