Enjin Coin: What’s the Latest Regarding its Price?
Enjin Coin is down by approximately 1.73% from the previous day, with its price currently hovering around $0.07397 USD. This marked the the 2nd day in a row Enjin Coin has been down; it is still in a downtrend, and is currently 7.98% below 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 $0.07394 and $0.086831. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
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The currency’s market cap currently stands at $59 million US dollars.
Update on Transactions and Holders
Yesterday we did not see any transfers 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 down by approximately 0. To provide context, we’d rank this token as 13 out of the 33 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Observing Enjin Coin’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 75.48% 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 3.5% of the currency’s money supply. Exchange ownership grew by 0.24% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.03% over that time period.
How Active are the Software Developers?
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 25, 2019, or approximately 1 days before. 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.
What’s Going on Social Media?
In terms of social media presence, Enjin Coin saw its Twitter followers go up by 18 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
