How Did Republic Token’s Price Fare Yesterday?
Republic Token is up by approximately 1.8% from the previous day, with its price currently hovering around $0.09522 USD. 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 15.26% 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 $0.08643 and $0.138313, based on how price has behaved in the two weeks prior. 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
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 $75 million.
Update on Transactions and Holders
113 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 9. If we observe percentage growth in holders and transfers, we find that Republic Token ranks 13 out of the 35 Ethereum tokens we are tracking.
Just How Rich are Republic Token’s Richest Holders?
In terms of wealth concentration, the richest 1,000 wallets own 97.53% of the coin’s total money supply. 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 4.97% 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 0.05%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 1.14%. 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 Active are the Software Developers?
The last activity date on Republic Token’s GitHub repository was August 14, 2019, or about 5 days ago. 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 0.17 per day, while the number of followers watching Republic Token’s repositories is growing by 0.
Republic Token’s Social Media Presence
Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 29 and 2 over the past day for Republic Token. Traders interested in following Republic Token has the biggest presence on Twitter, where it has 9,418 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
