August 13, 2019: Republic Token (REN): Up 1.44%

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How Did Republic Token’s Price Fare Yesterday?

Republic Token is up by approximately 1.44% from the previous day, with its price currently hovering around $0.1125 USD. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a unclear trend, and is currently 4.9% 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 Republic Token imply the currency may oscillate between $0.095961 and $0.14064, based on how price has behaved in the two weeks prior. 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

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The currency’s market cap currently stands at $88 million US dollars.

Straight Off the Chain

Over the past 24 hours, no 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 drop by 0. If we observe percentage growth in holders and transfers, we find that Republic Token ranks 7 out of the 54 Ethereum tokens we are tracking.

How are the Strong Holders of Republic Token Faring?

The top 1,000 Republic Token wallets hold over 97.49% of the token’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 4.68% of the currency’s total money supply. Exchange ownership grew by 0.56% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.04% 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 Active are the Software Developers?

Republic Token has been active recently on its GitHub repos, with its most recent code updates occurring today, August 13, 2019. 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 0.13 per day, while the number of followers watching Republic Token’s repositories is growing by 0.

The Latest on Republic Token and Social Media

In terms of social media presence, Republic Token saw its Twitter followers and Reddit subscribers go up by 42 and 2 over the past 24 hours. Traders interested in following Republic Token has the biggest presence on Twitter, where it has 9,324 users engaged. You can follow Republic Token on Twitter here.

Where to Buy

You can trade Republic Protocol, listed under the symbol REN, through the following exchanges: Yobit, Binance, DDEX.

Article by SixJupiter

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