August 4, 2019: Enjin Coin (ENJ): Down 2.56%; Unusual Moves In Holders Added And Transfers Added

January 23, 2020: Enjin Coin (enj): Up 2.56%; 2nd Consecutive Up Day
January 23, 2020: Enjin Coin (enj): Up 2.56%; 2nd Consecutive Up Day
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How Did Enjin Coin’s Price Fare Yesterday?

Enjin Coin’s current price, at the time of this writing, is $0.08042 USD, down by approximately 2.56% from the day prior. Enjin Coin 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, Enjin Coin is now 7.25% below its 20 day moving average. In terms of an expected trading range, the Bollinger bands on Enjin Coin suggest price may bounce between $0.080758 and $0.092656 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 Enjincoin (symbol: ENJ): Gate, Yobit, Stex, Binance, Ethfinex

October 16, 2019: Enjin Coin (enj): Down 4.72%; Price Crosses 20 Day Average; 2nd Straight Down Day

As for Enjin Coin’s market cap, it is currently at about $64M US dollars.

What Anamolies Occurred Since Yesterday?

Since yesterday, Enjin Coin saw anomalous behavior in holders added and transfers added. It may be worth looking into the causes of this a bit more.

Daily Engagement Metrics Update

Over the past 24 hours, 522,984 transfers have been added to the blockchain recording transactions amongst holders of Enjin Coin. Regarding a tally of holders, Yesterday saw Enjin Coin’s wallet count jump by 156. To provide context, we’d rank this token as 34 out of the 36 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.

Observing Enjin Coin’s Richest Wallets

Of the coin’s total money supply, the richest 1,0000 wallets currently own 75.82%. 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 10.01% of the currency’s total 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%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0%.

How Much Development is Occurring?

In terms of how active the software development team working on Enjin Coin 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 03, 2019, or approximately 1 days before. 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 0.1 per day, while the number of followers watching Enjin Coin’s repositories is growing by 0.33.

What’s Going on Social Media?

Traders interested in following Enjin Coin has the biggest presence on Facebook, where it has 56,265 users engaged.

Where to Buy

You can trade Enjincoin, listed under the symbol ENJ, through the following exchanges: Gate, Yobit, Stex, Binance, Ethfinex. October 16, 2019: Enjin Coin (enj): Down 4.72%; Price Crosses 20 Day Average; 2nd Straight Down Day

Article by SixJupiter