August 12, 2019: Republic Token (REN): Down 1.55%; Unusual Moves In Holders Added

0
52
November 19, 2019: Ren (ren): Down 3.59%; 2nd Consecutive Down Day
November 19, 2019: Ren (ren): Down 3.59%; 2nd Consecutive Down Day

How Did Republic Token’s Price Fare Yesterday?

Republic Token’s current price, at the time of this writing, is $0.1141 USD, down by approximately 1.55% from the day prior. The down day for Republic Token yesterday was a reversal from the day before it, which puts its price at 3.96% below its 20 day moving average. Over the past two weeks, price has been in a unclear trend. In terms of an expected trading range, the Bollinger bands on Republic Token suggest price may bounce between $0.096349 and $0.141252 based on its momentum and volatility over the past 14 days. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.

Where to trade Republic Protocol (symbol: REN): Yobit, Binance, DDEX

August 12, 2019: Republic Token (ren): Down 1.55%; Unusual Moves In Holders Added

The currency’s market cap currently stands at $91 million US dollars.

Republic Token’s Surprises of the Day

The following metrics showed unusual change over the past 24 hours for Republic Token: holders added. Further investigation may be warranted.

Straight Off the Chain

Over the past 24 hours, 465 transfers have been added to the blockchain recording transactions amongst holders of Republic Token. Regarding a tally of holders, Yesterday saw Republic Token’s wallet count increase by 30. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Republic Token ranked 12 out of the 70 Ethereum tokens we’re tracking.

How are the Strong Holders of Republic Token Faring?

Of the coin’s total money supply, the richest 1,0000 wallets currently own 97.49%. 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 3.82% of the currency’s total money supply. Exchange ownership grew by -0.25% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.05% over that time period. The underlying smart contract itself for Republic Token owns 0.01% of the total money supply; over the past week, this amount has not changed.

How Much Development is Occurring?

In terms of how active the software development team working on Republic Token is, it may be worth observing that the last time any work pertaining to code was done on their GitHub code repository was on July 31, 2019, or approximately 12 days before. Over the past 30 days, we’ve seen open issues across Republic Token’s GitHub repositories grow by 0.03 per day on average, while the number of watchers has grown by 0.

Republic Token’s Social Media Presence

Traders interested in following Republic Token has the biggest presence on Twitter, where it has 9,300 users engaged. Use this link to follow Republic Token on Twitter.

Where to Buy

You can trade Republic Protocol, listed under the symbol REN, through the following exchanges: Yobit, Binance, DDEX. August 12, 2019: Republic Token (ren): Down 1.55%; Unusual Moves In Holders Added

Article by SixJupiter