Enjin Coin: What’s the Latest Regarding its Price?
Enjin Coin is up by approximately 1.27% from the previous day, with its price currently hovering around $0.05968 USD. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 2.3% below its 20 day moving average, and is currently in a unclear trend over the past 14 days. 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 $0.052549 and $0.069617, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
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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 $46 million.
Update on Transactions and Holders
Yesterday saw 2,008 transfers amongst holders of Enjin Coin. As for the number of holders, yesterday saw the number of wallets holding Enjin Coin rise by 18. If we observe percentage growth in holders and transfers, we find that Enjin Coin ranks 1 out of the 34 Ethereum tokens we are tracking.
How are the Strong Holders of Enjin Coin Faring?
In terms of wealth concentration, the richest 1,000 wallets own 75.6% 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 3.16% 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 -0.01% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -1.48%.
Technical Development Status
Enjin Coin hasn’t had any activity on any of its GitHub repos since December 02, 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 0.1.
What’s Going on Social Media?
Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. You can follow Enjin Coin on Twitter here.
Where to Buy
You can trade Enjincoin, listed under the symbol ENJ, through the following exchanges: Gate, Yobit, Stex, Binance, Ethfinex.
Article by SixJupiter
