How Did Enjin Coin’s Price Fare Yesterday?
Enjin Coin is down by approximately 1.01% from the previous day, with its price currently hovering around $0.07466 USD. Enjin Coin is currently in a down, and it should be noted that this is now the the 2nd consecutive day that price has been down. Moreover, Enjin Coin is now 1.8% below its 20 day moving average. Enjin Coin’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 $0.063554 and $0.088502. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
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The market capitalization of Enjin Coin, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $61 million.
Straight Off the Chain
Over the past 24 hours, 1,316 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 59. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Enjin Coin ranked 8 out of the 33 Ethereum tokens we’re tracking.
Just How Rich are Enjin Coin’s Richest Holders?
In terms of wealth concentration, the richest 1,000 wallets own 75.51% of the coin’s total money supply. 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 3.26% 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 -0.03%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.22%.
Technical Development Status
Enjin Coin hasn’t had any activity on any of its GitHub repos since December 18, 2019 — 1 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 Enjin Coin’s repositories is growing by 0.13.
Enjin Coin’s Social Media Presence
In terms of social media presence, Enjin Coin saw its Twitter followers and Reddit subscribers go up by 1 and 5 over the past 24 hours. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. Here is the Twitter page for Enjin Coin.
Where to Buy
You can trade Enjincoin, listed under the symbol ENJ, through the following exchanges: Gate, Yobit, Stex, Binance, Ethfinex.
Article by SixJupiter
