REN Price Update
REN is down by approximately 2.52% from the previous day, with its price currently hovering around $0.073 USD. REN is currently in a down, and it should be noted that this is now the the 5th day in a row that price has been down. Moreover, REN is now 24.62% below its 20 day moving average. In terms of an expected trading range, the Bollinger bands on REN suggest price may bounce between $0.077385 and $0.116306 based on its momentum and volatility over the past 14 days. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
Where to trade Republic Protocol (symbol: REN): Yobit, Binance, DDEX
The currency’s market cap currently stands at $58 million US dollars.
Daily Engagement Metrics Update
Yesterday saw 74 transfers amongst holders of REN. In terms of estimating the number of holders, over the past day the total number of wallets holding REN has gone up by approximately 1. To provide context, we’d rank this token as 13 out of the 31 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 97.56% of the coin’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 4.88% of the currency’s total money supply. Exchange ownership grew by -0.07% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0.03% over that time period. As for the REN’s smart contract itself, that owns 0.01% of the total money supply, an amount unchanged from the week prior.
How Active are the Software Developers?
REN hasn’t had any activity on any of its GitHub repos since August 24, 2019 — 3 days prior. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for REN are growing by 0.1 and 0.03, respectively, over the past 30 days.
REN’s Social Media Presence
In the past day, REN’s Reddit subscribers went up by 1, respectively. Traders interested in following REN has the biggest presence on Twitter, where it has 9,519 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
