January 17, 2020: Enjin Coin (ENJ): Down 2.86%

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How Did Enjin Coin’s Price Fare Yesterday?

Enjin Coin’s current price, at the time of this writing, is $0.07869 USD, down by approximately 2.86% from the day prior. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 2.94% above its 20 day moving average, and is currently in a unclear trend over the past 14 days. In terms of an expected trading range, the Bollinger bands on Enjin Coin suggest price may bounce between $0.0705 and $0.082384 based on its momentum and volatility over the past 14 days. Given its boundaries, rangebound traders may find it compelling to entertain shorting, as we are nearer to the top of the range.

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 currency’s market cap currently stands at $64 million US dollars.

Daily Engagement Metrics Update

Over the past 24 hours, 1,368 transfers have been added to the blockchain recording transactions amongst holders of Enjin Coin. Regarding a tally of holders, Yesterday saw Enjin Coin’s wallet count increase by 0. If we observe percentage growth in holders and transfers, we find that Enjin Coin ranks 14 out of the 30 Ethereum tokens we are tracking.

Just How Rich are Enjin Coin’s Richest Holders?

In terms of wealth concentration, the richest 1,000 wallets own 76.86% 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 3.39% of the currency’s money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by 0.63%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.09%.

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 January 16, 2020, 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 per day, while the number of followers watching Enjin Coin’s repositories is growing by 0.2.

The Latest on Enjin Coin and Social Media

In terms of social media presence, Enjin Coin saw its Twitter followers and Reddit subscribers go up by 30 and 4 over the past 24 hours. Traders interested in following Enjin Coin has the biggest presence on Twitter, where it has 50,179 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

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