How Did Enjin Coin’s Price Fare Yesterday?
Enjin Coin is up by approximately 0.69% from the previous day, with its price currently hovering around $0.07836 USD. This marked the the 3rd consecutive day Enjin Coin has been up; it is still in a downtrend, and is currently 0.82% above its 20 day moving average; staying above this level may be critical to sustain short-term momentum. 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 $0.066747 and $0.088701. As we are closer to the top of that range, rangebound traders may wish to consider exploring shorting opportunities.
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As for Enjin Coin’s market cap, it is currently at about $61M US dollars.
Update on Transactions and Holders
Yesterday saw 1,177 transfers amongst holders of Enjin Coin. As for the number of holders, yesterday saw the number of wallets holding Enjin Coin rise by 66. To provide context, we’d rank this token as 10 out of the 30 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Just How Rich are Enjin Coin’s Richest Holders?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 75.51%. 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 3.13% 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 -0.08%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.34%.
How Much Development is Occurring?
In terms of how active the software development team working on Enjin Coin is, it may be worth observing that the last time any work pertaining to code was done on their GitHub code repository was on December 19, 2019, or approximately 1 days before. Over the past 30 days, we’ve seen open issues across Enjin Coin’s GitHub repositories grow by -0.03 per day on average, while the number of watchers has grown by 0.1.
What’s Going on Social Media?
Social media growth, in terms of Twitter followers, came in at up 24 over the past day for Enjin Coin. Traders interested in following Enjin Coin has the biggest presence on Twitter, where it has 49,716 users engaged. Use this link to follow Enjin Coin on Twitter.
Where to Buy
You can trade Enjincoin, listed under the symbol ENJ, through the following exchanges: Gate, Yobit, Stex, Binance, Ethfinex.
Article by SixJupiter
