How Did REN’s Price Fare Yesterday?
At the time of this writing, REN has a price of $0.06476 USD, which puts it down by approximately 7.88% from yesterday. This marked the the 2nd day in a row REN has been down; it is still in a downtrend, and is currently 29.72% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. REN’s expected trading range — as forecasted by the Bollinger bands indicator, which determines a range based on momentum and volatility over the past two weeks — is between $0.069951 and $0.114347. 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 $56 million US dollars.
Update on Transactions and Holders
Over the past 24 hours, 186 transfers have been added to the blockchain recording transactions amongst holders of REN. As for the number of holders, yesterday saw the number of wallets holding REN rise by 23. To provide context, we’d rank this token as 13 out of the 33 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
How are the Strong Holders of REN Faring?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 97.52%. 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 4.98% of the currency’s total money supply. Exchange ownership grew by 0.04% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.02% over that time period. 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?
The last activity date on REN’s GitHub repository was August 24, 2019, or about 5 days ago. Over the past 30 days, we’ve seen open issues across REN’s GitHub repositories grow by 0.13 per day on average, while the number of watchers has grown by 0.03.
The Latest on REN and Social Media
In the past day, REN’s Twitter followers and Reddit subscribers went up by 14 and 1, respectively. If you are interested in following REN on social media, Twitter, where it has 9,533 following it, may be a good place to start. Here is the Twitter page for REN.
Where to Buy
You can trade Republic Protocol, listed under the symbol REN, through the following exchanges: Yobit, Binance, DDEX.
Article by SixJupiter
