REN: What’s the Latest Regarding its Price?
REN’s current price, at the time of this writing, is $0.07944 USD, down by approximately 6.68% from the day prior. This marked the the 2nd day in a row REN has been down; it is still in a downtrend, and is currently 24.88% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. Traders looking for a range to trade within may wish to note that the Bollinger bands (a price indicator based on recent momentum and volatility) for REN imply the currency may oscillate between $0.084944 and $0.126557, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
Where to trade Republic Protocol (symbol: REN): Yobit, Binance, DDEX
The currency’s market cap currently stands at $67 million US dollars.
Update on Transactions and Holders
Yesterday we did not see any transfers amongst holders of REN. In terms of estimating the number of holders, over the past day the total number of wallets holding REN has gone down by approximately 0. If we observe percentage growth in holders and transfers, we find that REN ranks 14 out of the 31 Ethereum tokens we are tracking.
Observing REN’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 97.55% of the coin’s total money supply. The percent of the currency that is owned by wallets that are both belonging to exchanges and in the top 1,000 richest wallets of the token comes out to 4.98% of the currency’s money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by -0.01% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.04%. As for the REN’s smart contract itself, that owns 0.01% of the total money supply, an amount unchanged from the week prior.
How Much Development is Occurring?
The last activity date on REN’s GitHub repository was August 22, 2019, or about 2 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 0.1 per day, while the number of followers watching REN’s repositories is growing by 0.03.
The Latest on REN and Social Media
Facebook appears to be the most popular place to follow the company, and thus may be worth monitoring.
Where to Buy
You can trade Republic Protocol, listed under the symbol REN, through the following exchanges: Yobit, Binance, DDEX.
Article by SixJupiter
