Zilliqa Price Update
At the time of this writing, Zilliqa has a price of $0.008494 USD, which puts it up by approximately 7.37% from yesterday. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 4.28% above its 20 day moving average, and is currently in a unclear trend over the past 14 days. 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 Zilliqa imply the currency may oscillate between $0.006861 and $0.009429, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain shorting, as we are nearer to the top of the range.
Where to trade Zilliqa (symbol: ZIL): Gate, Yobit, Binance, DDEX, Ethfinex
The currency’s market cap currently stands at $69 million US dollars.
What Anamolies Occurred Since Yesterday?
Since yesterday, Zilliqa saw anomalous behavior in holders added and transfers added. It may be worth looking into the causes of this a bit more.
Straight Off the Chain
Over the past 24 hours, 65 transfers have been added to the blockchain recording transactions amongst holders of Zilliqa. In terms of estimating the number of holders, over the past day the total number of wallets holding Zilliqa has gone up by approximately 8. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Zilliqa ranked 30 out of the 32 Ethereum tokens we’re tracking.
How are the Strong Holders of Zilliqa Faring?
The top 1,000 Zilliqa wallets hold over 98.23% of the token’s total money supply. If we focus on exchanges, which may be an correlated with liquidity and greater confidence in the currency, the exchange wallets that are in the top 1,000 wallets own 8.61% of the currency’s total money supply. Exchange ownership grew by 0.73% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 7.24% over that time period.
How Active are the Software Developers?
Zilliqa hasn’t had any activity on any of its GitHub repos since August 23, 2019 — 3 days prior. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Zilliqa are growing by 0.17 and 0.37, respectively, over the past 30 days.
Zilliqa’s Social Media Presence
In terms of social media presence, Zilliqa saw its Twitter followers and Reddit subscribers go up by 41 and 8 over the past 24 hours. Traders interested in following Zilliqa has the biggest presence on Twitter, where it has 66,047 users engaged. Here is the Twitter page for Zilliqa.
Where to Buy
You can trade Zilliqa, listed under the symbol ZIL, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex.
Article by SixJupiter
