How Did Enjin Coin’s Price Fare Yesterday?
At the time of this writing, Enjin Coin has a price of $0.06367 USD, which puts it up by approximately 1.14% from yesterday. The up day for Enjin Coin yesterday was a reversal from the day before it, which puts its price at 4.81% above its 20 day moving average. Over the past two weeks, price has been in an up trend. In terms of an expected trading range, the Bollinger bands on Enjin Coin suggest price may bounce between $0.053962 and $0.067535 based on its momentum and volatility over the past 14 days. Price’s current proximity to the top of the range may make selling an attractive opportunity to traders interested in trading the range.
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The currency’s market cap currently stands at $50 million US dollars.
Unusual Developments
Yesterday, the metrics holders added and transfers added saw a daily change well outside what is usually experienced. An exploration as to what caused this may be worthwhile.
Straight Off the Chain
1,936 transactions amongst holders of Enjin Coin occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Enjin Coin increase by 63. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Enjin Coin ranked 14 out of the 34 Ethereum tokens we’re tracking.
How are the Strong Holders of Enjin Coin Faring?
In terms of wealth concentration, the richest 1,000 wallets own 75.79% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 5.28% 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 -0.05% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -3.45%.
How Much Development is Occurring?
Enjin Coin hasn’t had any activity on any of its GitHub repos since October 30, 2019 — 1 days prior. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Enjin Coin are growing by 0.03 and 0.07, respectively, over the past 30 days.
What’s Going on Social Media?
Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. Here is the Twitter page for Enjin Coin.
Where to Buy
You can trade Enjincoin, listed under the symbol ENJ, through the following exchanges: Gate, Yobit, Stex, Binance, Ethfinex.
Article by SixJupiter
