August 18, 2019: Republic Token (REN): Down 2.23%; 3rd Straight Down Day

November 19, 2019: Ren (ren): Down 3.59%; 2nd Consecutive Down Day
November 19, 2019: Ren (ren): Down 3.59%; 2nd Consecutive Down Day
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Republic Token: What’s the Latest Regarding its Price?

Republic Token is down by approximately 2.23% from the previous day, with its price currently hovering around $0.09354 USD. Republic Token is currently in a down, and it should be noted that this is now the the 3rd straight day that price has been down. Moreover, Republic Token is now 16.88% below its 20 day moving average. In terms of an expected trading range, the Bollinger bands on Republic Token suggest price may bounce between $0.081899 and $0.14317 based on its momentum and volatility over the past 14 days. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.

Where to trade Republic Protocol (symbol: REN): Yobit, Binance, DDEX

August 18, 2019: Republic Token (ren): Down 2.23%; 3rd Straight Down Day

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 $76 million.

Daily Engagement Metrics Update

139 transactions amongst holders of Republic Token occurred yesterday. 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 12. To provide context, we’d rank this token as 11 out of the 34 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.

Just How Rich are Republic Token’s Richest Holders?

Of the coin’s total money supply, the richest 1,0000 wallets currently own 97.54%. 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 4.98% 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 1.12%. 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 14, 2019, or approximately 4 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

Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. 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. August 18, 2019: Republic Token (ren): Down 2.23%; 3rd Straight Down Day

Article by SixJupiter