August 14, 2019: Republic Token (REN): Down 9.42%; 3rd Straight Down Day

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Republic Token Price Update

Republic Token is down by approximately 9.42% from the previous day, with its price currently hovering around $0.1019 USD. Republic Token enters the day 13.01% below its 20 day moving average, and is experiencing its the 3rd day in a row down. In terms of an expected trading range, the Bollinger bands on Republic Token suggest price may bounce between $0.09497 and $0.139301 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

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The market capitalization of Republic Token, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $83 million.

Update on Transactions and Holders

Yesterday saw 437 transfers amongst holders of Republic Token. Regarding a tally of holders, Yesterday saw Republic Token’s wallet count jump by 13. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Republic Token ranked 7 out of the 35 Ethereum tokens we’re tracking.

Observing Republic Token’s Richest Wallets

Of the coin’s total money supply, the richest 1,0000 wallets currently own 97.52%. The percent of the currency that is owned by wallets that are both belonging to exchanges and in the top 1,000 richest wallets of the token comes out to 5% of the currency’s money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by -0.01%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.87%. 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?

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 August 13, 2019, or approximately 1 days before. Over the past 30 days, we’ve seen open issues across Republic Token’s GitHub repositories grow by 0.1 per day on average, while the number of watchers has grown by -0.03.

Republic Token’s Social Media Presence

In terms of social media presence, Republic Token saw its Twitter followers and Reddit subscribers go up by 15 and 2 over the past 24 hours. Traders interested in following Republic Token has the biggest presence on Twitter, where it has 9,339 users engaged. Here is the Twitter page for Republic Token.

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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