January 14, 2020: Enjin Coin (ENJ): Up 0.25%

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Enjin Coin Price Update

Enjin Coin’s current price, at the time of this writing, is $0.07144 USD, up by approximately 0.25% from the day prior. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 5.61% below its 20 day moving average, and is currently in a down trend over the past 14 days. 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 $0.069793 and $0.081583. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.

Get your analysis of Enjincoin (ENJ) here on CryptoCoin.news. And for daily analysis and recaps of the 5 major cryptocurrencies, visit CFDTrading.com.

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 $56 million.

Update on Transactions and Holders

1,260 transactions amongst holders of Enjin Coin occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Enjin Coin increase by 20. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Enjin Coin ranked 15 out of the 29 Ethereum tokens we’re tracking.

Just How Rich are Enjin Coin’s Richest Holders?

In terms of wealth concentration, the richest 1,000 wallets own 76.16% 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 2.93% of the currency’s money supply. Exchange ownership grew by 0% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0.4% over that time period.

How Active are the Software Developers?

Enjin Coin hasn’t had any activity on any of its GitHub repos since January 13, 2020 — 1 days prior. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Enjin Coin are growing by 0 and 0.2, respectively, over the past 30 days.

What’s Going on Social Media?

In the past day, Enjin Coin’s Twitter followers and Reddit subscribers went up by 19 and 5, respectively. If you are interested in following Enjin Coin on social media, Twitter, where it has 50,111 following it, may be a good place to start. 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

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