Enjin Coin: What’s the Latest Regarding its Price?
Enjin Coin’s current price, at the time of this writing, is $0.06216 USD, down by approximately 4.66% from the day prior. This marked the the 3rd consecutive day Enjin Coin has been down; it is still in a unclear trend, and is currently 3.9% 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 Enjin Coin imply the currency may oscillate between $0.060102 and $0.06926, based on how price has behaved in the two weeks prior. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
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The market capitalization of Enjin Coin, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $51 million.
Daily Engagement Metrics Update
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. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Enjin Coin ranked 13 out of the 37 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 75.71% of the coin’s total money supply. If we focus on exchanges, which may be an correlated with liquidity and greater confidence in the currency, the exchange wallets that are in the top 1,000 wallets own 4.57% of the currency’s total money supply. Exchange ownership grew by -0.88% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0.04% over that time period.
How Much Development is Occurring?
Enjin Coin hasn’t had any activity on any of its GitHub repos since November 18, 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?
In the past day, Enjin Coin’s Twitter followers and Reddit subscribers went up by 41 and 2, respectively. If you are interested in following Enjin Coin on social media, Twitter, where it has 49,597 following it, may be a good place to start. 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
