Enjin Coin Price Update
Enjin Coin is down by approximately 3.67% from the previous day, with its price currently hovering around $0.05663 USD. This marked the the 2nd straight day Enjin Coin has been down; it is still in a downtrend, and is currently 6.87% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. Enjin Coin’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 $0.055662 and $0.065958. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
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The currency’s market cap currently stands at $46 million US dollars.
Update on Transactions and Holders
Over the past 24 hours, no transfers have been added to the blockchain recording transactions amongst holders of Enjin Coin. In terms of estimating the number of holders, over the past day the total number of wallets holding Enjin Coin has gone down by approximately 0. To provide context, we’d rank this token as 14 out of the 35 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Observing Enjin Coin’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 75.84% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 8.73% of the currency’s money supply. Exchange ownership grew by 0.13% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.12% over that time period.
Technical Development Status
Enjin Coin hasn’t had any activity on any of its GitHub repos since October 23, 2019 — 1 days prior. 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 per day, while the number of followers watching Enjin Coin’s repositories is growing by 0.13.
Enjin Coin’s Social Media Presence
In terms of social media presence, Enjin Coin saw its Twitter followers and Reddit subscribers go up by 57 and 5 over the past 24 hours. Traders interested in following Enjin Coin has the biggest presence on Twitter, where it has 49,387 users engaged. Use this link to follow Enjin Coin on Twitter.
Where to Buy
You can trade Enjincoin, listed under the symbol ENJ, through the following exchanges: Gate, Yobit, Stex, Binance, Ethfinex.
Article by SixJupiter
