Enjin Coin Price Update
Enjin Coin is down by approximately 2.7% from the previous day, with its price currently hovering around $0.07825 USD. Enjin Coin is currently in a down, and it should be noted that this is now the the 6th straight day that price has been down. Moreover, Enjin Coin is now 8.67% below its 20 day moving average. 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 Enjin Coin imply the currency may oscillate between $0.079108 and $0.092244, based on how price has behaved in the two weeks prior. 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
As for Enjin Coin’s market cap, it is currently at about $62M US dollars.
Unusual Developments
Yesterday, the metrics holders added saw a daily change well outside what is usually experienced. An exploration as to what caused this may be worthwhile.
Daily Engagement Metrics Update
1,401 transactions amongst holders of Enjin Coin occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding Enjin Coin has gone up by approximately 0. To provide context, we’d rank this token as 35 out of the 36 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
How are the Strong Holders of Enjin Coin Faring?
The top 1,000 Enjin Coin wallets hold over 75.91% of the token’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 10.04% 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 0.22%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.46%.
How Much Development is Occurring?
The last activity date on Enjin Coin’s GitHub repository was August 04, 2019, or about 1 days ago. Over the past 30 days, we’ve seen open issues across Enjin Coin’s GitHub repositories grow by 0.1 per day on average, while the number of watchers has grown by 0.33.
What’s Going on Social Media?
In terms of social media presence, Enjin Coin saw its Twitter followers and Reddit subscribers go up by 30 and 5 over the past 24 hours. 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.
Article by SixJupiter
