How Did Republic Token’s Price Fare Yesterday?
Republic Token’s current price, at the time of this writing, is $0.1193 USD, down by approximately 4.48% from the day prior. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a unclear trend, and is currently 1.92% above its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. Republic Token’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 $0.09374 and $0.140366. 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
As for Republic Token’s market cap, it is currently at about $100M US dollars.
Update on Transactions and Holders
Yesterday saw 403 transfers amongst holders of Republic Token. As for the number of holders, yesterday saw the number of wallets holding Republic Token jump by 22. If we observe percentage growth in holders and transfers, we find that Republic Token ranks 7 out of the 36 Ethereum tokens we are tracking.
How are the Strong Holders of Republic Token Faring?
In terms of wealth concentration, the richest 1,000 wallets own 97.53% of the coin’s total money supply. The percent of the currency that is owned by wallets that are both belonging to exchanges and in the top 1,000 richest wallets of the token comes out to 3.88% of the currency’s money supply. Exchange ownership grew by -0.16% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.06% over that time period. The underlying smart contract itself for Republic Token owns 0.01% of the total money supply; over the past week, this amount has not changed.
Technical Development Status
In terms of how active the software development team working on Republic Token is, it may be worth observing that the last time any work pertaining to code was done on their GitHub code repository was on July 31, 2019, or approximately 9 days before. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Republic Token were completely flat over the past 30 days; in other words, there has been no development work reported on GitHub over the past month.
What’s Going on Social Media?
Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 32 and 1 over the past day for Republic Token. If you are interested in following Republic Token on social media, Twitter, where it has 9,243 following it, may be a good place to start. Use this link to follow Republic Token on Twitter.
Where to Buy
You can trade Republic Protocol, listed under the symbol REN, through the following exchanges: Yobit, Binance, DDEX.
Article by SixJupiter
