How Did Republic Token’s Price Fare Yesterday?
Republic Token’s current price, at the time of this writing, is $0.1004 USD, down by approximately 4.92% from the day prior. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a down trend, and is currently 12.42% 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 $0.088134 and $0.141146, based on how price has behaved in the two weeks prior. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading 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 $84 million.
Update on Transactions and Holders
Over the past 24 hours, 297 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 jump by 18. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Republic Token ranked 10 out of the 35 Ethereum tokens we’re tracking.
How are the Strong Holders of Republic Token Faring?
The top 1,000 Republic Token wallets hold over 97.58% 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 5.06% of the currency’s total money supply. Exchange ownership grew by 1.18% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0.04% over that time period. As for the Republic Token’s smart contract itself, that owns 0.01% of the total money supply, an amount unchanged from the week prior.
How Much Development is Occurring?
Republic Token hasn’t had any activity on any of its GitHub repos since August 14, 2019 — 2 days prior. 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
Social media growth, in terms of Twitter followers, came in at up 32 over the past day for Republic Token. Traders interested in following Republic Token has the biggest presence on Twitter, where it has 9,371 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
