How Did Enjin Coin’s Price Fare Yesterday?
Enjin Coin’s current price, at the time of this writing, is $0.08279 USD, up by approximately 0.34% from the day prior. The up day for Enjin Coin yesterday was a reversal from the day before it, which puts its price at 15.08% above its 20 day moving average. Over the past two weeks, price has been in an up trend. 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 $0.043079 and $0.100808, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain shorting, as we are nearer to the top of 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 $65 million.
Daily Engagement Metrics Update
Yesterday saw 1,870 transfers 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 up by approximately 34. If we observe percentage growth in holders and transfers, we find that Enjin Coin ranks 12 out of the 33 Ethereum tokens we are tracking.
Observing Enjin Coin’s Richest Wallets
Of the coin’s total money supply, the richest 1,0000 wallets currently own 75.59%. 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 3.48% of the currency’s total money supply. Exchange ownership grew by -0.08% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0% over that time period.
Technical Development Status
The last activity date on Enjin Coin’s GitHub repository was December 12, 2019, or about 1 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 Enjin Coin’s repositories is growing by 0.13.
Enjin Coin’s Social Media Presence
Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 66 and 2 over the past day for Enjin Coin. If you are interested in following Enjin Coin on social media, Twitter, where it has 49,584 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