How Did Republic Token’s Price Fare Yesterday?
Republic Token’s current price, at the time of this writing, is $0.08926 USD, down by approximately 3.49% from the day prior. Republic Token is currently in a unclear , and it should be noted that this is now the the 4th straight day that price has been down. Moreover, Republic Token is now 21.59% below its 20 day moving average. In terms of an expected trading range, the Bollinger bands on Republic Token suggest price may bounce between $0.084094 and $0.143572 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
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 $74 million.
What Anamolies Occurred Since Yesterday?
Since yesterday, Republic Token saw anomalous behavior in holders added. It may be worth looking into the causes of this a bit more.
Update on Transactions and Holders
Yesterday saw 266 transfers amongst holders of Republic Token. In terms of estimating the number of holders, over the past day the total number of wallets holding Republic Token has gone up by approximately 48. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Republic Token ranked 12 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 97.58%. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 5.04% of the currency’s money supply. Exchange ownership grew by 0.93% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0.05% over that time period. Republic Token’s smart contract owns approximately 0.01% of its own total money supply. This amount hasn’t changed over the past week.
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 August 14, 2019, or approximately 1 days before. Over the past 30 days, we’ve seen open issues across Republic Token’s GitHub repositories grow by 0.13 per day on average, while the number of watchers has grown by 0.
Republic Token’s Social Media Presence
If you are interested in following Republic Token on social media, Twitter, where it has 9,339 following it, may be a good place to start. 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
