Price Action
Over the past week, aelf saw its price go up by 2.24%. It is below its 20 day moving average by 7.63%, so it’s slightly away. aelf’s bullish momentum, determined by its distance from its 20 day moving average, is roughly middle-of-the-pack relative to the cryptos we’re tracking. In terms of volatility, aelf exhibits greater price volatility than approximately 39% of coins in our index, so it’s notably less volatile than the other cryptocurrencies we’re monitoring. Looking ahead, if the upcoming week mirrors the volatility of three past three weeks, the price range for aelf in US dollars is expected to be between $0.1501482 and $0.1956218.
Where to trade Aelf (symbol: ELF): Gate, Binance, DDEX, Ethfinex
Volume Update
Over the past week, aelf saw its daily volume range between 4,064,915 and 15,381,542 units of its own currency. Looking back over past 21 days, both price and volume have been declining. aelf experienced a turnover rate of about 3.09% over the past week, which means that is the percent of its available money supply that is traded daily. Its trading turnover percentage is higher than about 71.88% of the coins we’re tracking, so it’s above average and thus will have enough liquidity for many investors/traders.
Engagement Update
Over the past week, aelf saw its holders go from 50,182 to 50,330, an increase of 0.29%. And in regards to cumulative transactions logged on the blockchain, they went from 297,274 to 299,525, which amounts to a change of 0.76%. This translates to a combined engagement growth rate of 1.05% for aelf — which is higher than 37.50% of the cryptocurrencies we’re reporting on. One interpretation of this may be that its change in engagement is below average, at least on a percentage basis.
Technology Development Status
At the moment, aelf has 15 repositories open to the public on GitHub, with the oldest one now being 1.67 years young. The last recorded update to its public repositories was within the past day, which is pretty good, as it suggests the coin is still under active and rapid technical development. aelf’s repos that are visible to the public collectively have 601 watchers — that’s more than approximately 52 % of coins in its index. The coin has 168 issues reported across its public repositories. Its number of watchers, when viewed against its open issues count, is quite poor, and may potentially indicate some concern that the software is at risk of not being updated fast enough. Our hypothesis that the open issue/watcher ratio may be of some value in assessing the healthiness of a coin’s software development process, and for aelf, this ratio was better than a mere 19 % of the similar coins we track in our index.
aelf News and Commentary
Over the past week, we found one link about aelf that we thought was particularly interesting. If possible we included a brief excerpt from the article — be sure to click through for the entire piece.
aelf Enterprise 0.7.0 Beta Officially Released – aelf
Where to Buy
You can trade Aelf, listed under the symbol ELF, through the following exchanges: Gate, Binance, DDEX, Ethfinex.
Article by SixJupiter
