How Did REN’s Price Fare Yesterday?
REN’s current price, at the time of this writing, is $0.0834 USD, down by approximately 3.19% from the day prior. REN enters the day 23.26% below its 20 day moving average, and is experiencing its the 3rd straight day down. 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 REN imply the currency may oscillate between $0.084178 and $0.133193, 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 currency’s market cap currently stands at $67 million US dollars.
Straight Off the Chain
Yesterday saw 127 transfers amongst holders of REN. As for the number of holders, yesterday saw the number of wallets holding REN drop by 0. To provide context, we’d rank this token as 15 out of the 34 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Just How Rich are REN’s Richest Holders?
In terms of wealth concentration, the richest 1,000 wallets own 97.54% 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 4.94% 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 -0.04% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.1%. The underlying smart contract itself for REN owns 0.01% of the total money supply; over the past week, this amount has not changed.
How Much Development is Occurring?
In terms of how active the software development team working on REN 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 8 days before. Over the past 30 days, we’ve seen open issues across REN’s GitHub repositories grow by 0.1 per day on average, while the number of watchers has grown by 0.
What’s Going on Social Media?
Traders interested in following REN has the biggest presence on Twitter, where it has 9,420 users engaged. You can follow REN 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
