Price Action
Since last week, Enjin Coin’s price went up by 10.72%. It is above its 20 day moving average by 4.15%, so it’s fairly close. Enjin Coin’s bullish momentum, based on its distance from its 20 day moving average, is roughly middle-of-the-pack relative to the cryptos we’re tracking. Now when considering volatility, Enjin Coin is more prone to sizable price moves than 18% of coins in our index, so this coin might not move much — something traders and investors will certainly want to keep in mind. Based on volatility over the past three weeks, we can expect Enjin Coin to experience a price range in US dollars between 0.1254784 and $0.1640916.
Where to trade Enjincoin (symbol: ENJ): Gate, Yobit, Stex, Binance, Ethfinex
Volume Update
In the week prior, the daily volume for Enjin Coin has ranged between 6,065,576 and 81,384,653 currency units. In the three weeks prior, volume has a clearn upwards trend, but the trend in price is not as clear. The past 7 days saw Enjin Coin’s trading turnover — meaning the percentage of its available supply that was traded — come in at 5.81%. Its turnover rate is more than approximately 71.13% of the cryptocurrencies in our index, so it’s above average and thus will have enough liquidity for many investors/traders.
Engagement Update
The number of wallets holding Enjin Coin went from 27,726 to 28,226 in the past week, marking a change of 1.80%. As for overall transactions, they increased from 429,351 to 441,012 — an increase of 2.72%. This translates to a combined engagement growth rate of 4.52% for Enjin Coin — which is higher than 68.57% of the cryptocurrencies we’re reporting on. This growth rate suggests the coin’s engagement is growing at an above average rate.
Technology Development Status
Enjin Coin currently has 9 public repos on GitHub, with the oldest one clocking in at 1.74 years young. Its last public update to any of its repositories was within the past week which is not bad, as the coin is still being updated routinely. Enjin Coin’s public repos now have 119 which is below average relative to its peers; that’s more than only 23 % of the 100 similar coins in our index. The coin has 3 total outstanding issues across all 9 of its public repositories on GitHub. Relative to the number of watchers it has, though, its open issues count doesn’t seem like something to worry about. To put the situation in context, Enjin Coin has a better issue/watcher ratio on its GitHub than 87% of similar coins we’re tracking.
Enjin Coin News and Commentary
The top theme being discussed about Enjin Coin in the past week is listed below. If available, we added an excerpt from the article to help give a taste of what it is about.
Spirit Clash — Welcome to Enjin Mainnet! The Evolution o
Where to Buy
You can trade Enjincoin, listed under the symbol ENJ, through the following exchanges: Gate, Yobit, Stex, Binance, Ethfinex.
Article by SixJupiter
