August 26, 2019: REN (REN): Down 4.1%; 4th 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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How Did REN’s Price Fare Yesterday?

At the time of this writing, REN has a price of $0.07489 USD, which puts it down by approximately 4.1% from yesterday. This marked the the 4th consecutive day REN has been down; it is still in a downtrend, and is currently 24.62% 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 REN imply the currency may oscillate between $0.07809 and $0.120621, 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

August 26, 2019: Ren (ren): Down 4.1%; 4th Straight Down Day

As for REN’s market cap, it is currently at about $62M US dollars.

Straight Off the Chain

Over the past 24 hours, 130 transfers have been added to the blockchain recording transactions amongst holders of REN. Regarding a tally of holders, Yesterday saw REN’s wallet count rise by 2. If we observe percentage growth in holders and transfers, we find that REN ranks 13 out of the 32 Ethereum tokens we are tracking.

Just How Rich are REN’s Richest Holders?

In terms of wealth concentration, the richest 1,000 wallets own 97.55% 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 4.95% 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 0.02%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.02%. The underlying smart contract itself for REN owns 0.01% of the total money supply; over the past week, this amount has not changed.

Technical Development Status

The last activity date on REN’s GitHub repository was August 24, 2019, or about 2 days ago. 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 0.03.

What’s Going on Social Media?

Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. 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. August 26, 2019: Ren (ren): Down 4.1%; 4th Straight Down Day

Article by SixJupiter