Zilliqa Price Update
Zilliqa is down by approximately 2.09% from the previous day, with its price currently hovering around $0.007067 USD. This marked the the 3rd straight day Zilliqa has been down; it is still in a downtrend, and is currently 15.22% 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 $0.007017 and $0.009655 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
The currency’s market cap currently stands at $62 million US dollars.
Update on Transactions and Holders
Yesterday saw 23 transfers amongst holders of Zilliqa. Regarding a tally of holders, Yesterday saw Zilliqa’s wallet count drop by 0. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Zilliqa ranked 31 out of the 34 Ethereum tokens we’re tracking.
Observing Zilliqa’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 98.21% 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 8.56% of the currency’s money supply. Exchange ownership grew by -6.51% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.12% over that time period.
Technical Development Status
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 22, 2019 (today). 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 0.4.
The Latest on Zilliqa and Social Media
Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 9 and 2 over the past day for Zilliqa. Traders interested in following Zilliqa has the biggest presence on Twitter, where it has 65,991 users engaged. 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.
Article by SixJupiter
