How Did Enjin Coin’s Price Fare Yesterday?
Enjin Coin’s current price, at the time of this writing, is $0.05947 USD, up by approximately 1.59% from the day prior. The up day for Enjin Coin yesterday was a reversal from the day before it, which puts its price at 2.67% below its 20 day moving average. Over the past two weeks, price has been in a unclear trend. 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 $0.052536 and $0.069663, based on how price has behaved in the two weeks prior. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
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As for Enjin Coin’s market cap, it is currently at about $48M US dollars.
Daily Engagement Metrics Update
Over the past 24 hours, 2,097 transfers have been added to the blockchain recording transactions amongst holders of Enjin Coin. 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 21. To provide context, we’d rank this token as 1.5 out of the 34 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?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 75.6%. 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 3.18% of the currency’s total money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by -0.09% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -1.79%.
How Much Development is Occurring?
Enjin Coin hasn’t had any activity on any of its GitHub repos since November 30, 2019 — 2 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 0.1.
Enjin Coin’s Social Media Presence
If you are interested in following Enjin Coin on social media, Twitter, where it has 49,456 following it, may be a good place to start. Use this link to follow Enjin Coin on Twitter.
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Article by SixJupiter