August 4, 2019: Republic Token (REN): Down 10.1%; 2nd 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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Republic Token Price Update

Republic Token is down by approximately 10.1% from the previous day, with its price currently hovering around $0.1077 USD. This marked the the 2nd straight day Republic Token has been down; it is still in a unclear trend, and is currently 2.01% above its 20 day moving average; staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on Republic Token suggest price may bounce between $0.08518 and $0.12597 based on its momentum and volatility over the past 14 days. Given its boundaries, rangebound traders may find it compelling to entertain selling, as we are nearer to the top of the range.

Where to trade Republic Protocol (symbol: REN): Yobit, Binance, DDEX

August 4, 2019: Republic Token (ren): Down 10.1%; 2nd Straight Down Day

The market capitalization of Republic Token, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $85 million.

Update on Transactions and Holders

Over the past 24 hours, no transfers have been added to the blockchain recording transactions amongst holders of Republic Token. In terms of estimating the number of holders, over the past day the total number of wallets holding Republic Token has gone down by approximately 0. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Republic Token ranked 2 out of the 36 Ethereum tokens we’re tracking.

How are the Strong Holders of Republic Token Faring?

Of the coin’s total money supply, the richest 1,0000 wallets currently own 97.57%. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 4.09% 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%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0%. As for the Republic Token’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?

Republic Token hasn’t had any activity on any of its GitHub repos since July 31, 2019 — 4 days prior. 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 -0.03 per day, while the number of followers watching Republic Token’s repositories is growing by 0.03.

The Latest on Republic Token and Social Media

If you are interested in following Republic Token on social media, Twitter, where it has 8,762 following it, may be a good place to start. Here is the Twitter page for Republic Token.

Where to Buy

You can trade Republic Protocol, listed under the symbol REN, through the following exchanges: Yobit, Binance, DDEX. August 4, 2019: Republic Token (ren): Down 10.1%; 2nd Straight Down Day

Article by SixJupiter