August 16, 2019: Zilliqa (ZIL): Down 3.4%; 5th Straight Down Day

November 22, 2019: Zilliqa (zil): Down 2.28%; 7th Consecutive Down Day
November 22, 2019: Zilliqa (zil): Down 2.28%; 7th Consecutive Down Day
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How Did Zilliqa’s Price Fare Yesterday?

Zilliqa’s current price, at the time of this writing, is $0.007269 USD, down by approximately 3.4% from the day prior. This marked the the 5th consecutive day Zilliqa has been down; it is still in a downtrend, and is currently 21.81% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on Zilliqa suggest price may bounce between $0.00737 and $0.011223 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 Zilliqa (symbol: ZIL): Gate, Yobit, Binance, DDEX, Ethfinex

August 16, 2019: Zilliqa (zil): Down 3.4%; 5th Straight Down Day

The market capitalization of Zilliqa, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $65 million.

Straight Off the Chain

15 transactions amongst holders of Zilliqa occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Zilliqa jump by 3. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Zilliqa ranked 31 out of the 35 Ethereum tokens we’re tracking.

Observing Zilliqa’s Richest Wallets

In terms of wealth concentration, the richest 1,000 wallets own 98.33% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 15.07% of the currency’s money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by 0.02% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 1.48%.

How Active are the Software Developers?

In terms of how active the software development team working on Zilliqa 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 15, 2019, or approximately 1 days before. 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 Zilliqa’s repositories is growing by 0.5.

The Latest on Zilliqa and Social Media

In the past day, Zilliqa’s Twitter followers went up by 13, respectively. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. You can follow Zilliqa on Twitter here.

Where to Buy

You can trade Zilliqa, listed under the symbol ZIL, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex. August 16, 2019: Zilliqa (zil): Down 3.4%; 5th Straight Down Day

Article by SixJupiter