Republic Token Price Update
At the time of this writing, Republic Token has a price of $0.1102 USD, which puts it up by approximately 11.3% from yesterday. The up day for Republic Token yesterday was a reversal from the day before it, which puts its price at 7.63% above its 20 day moving average. Over the past two weeks, price has been in an unclear trend. 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 $0.078034 and $0.126734, based on how price has behaved in the two weeks prior. Price’s current proximity to the top of the range may make selling an attractive opportunity to traders interested in trading the range.
Where to trade Republic Protocol (symbol: REN): Yobit, Binance, DDEX
As for Republic Token’s market cap, it is currently at about $77M US dollars.
What Anamolies Occurred Since Yesterday?
Yesterday, the metrics holders added saw a daily change well outside what is usually experienced. An exploration as to what caused this may be worthwhile.
Daily Engagement Metrics Update
Yesterday saw 506 transfers amongst holders of Republic Token. Regarding a tally of holders, Yesterday saw Republic Token’s wallet count jump by 39. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Republic Token ranked 34 out of the 37 Ethereum tokens we’re tracking.
Observing Republic Token’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 97.59% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 4.04% 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 -0.05% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.47%. 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?
Republic Token hasn’t had any activity on any of its GitHub repos since July 31, 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 per day, while the number of followers watching Republic Token’s repositories is growing by 0.03.
Republic Token’s Social Media Presence
In terms of social media presence, Republic Token saw its Twitter followers and Reddit subscribers go up by 112 and 6 over the past 24 hours. Traders interested in following Republic Token has the biggest presence on Twitter, where it has 8,656 users engaged. 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
