January 2, 2020: Enjin Coin (ENJ): Down 1.87%; Price Crosses 20 Day Average; 4th Straight Down Day


How Did Enjin Coin’s Price Fare Yesterday?

Enjin Coin’s current price, at the time of this writing, is $0.07817 USD, down by approximately 1.87% from the day prior. Enjin Coin is currently in a unclear , and it should be noted that this is now the the 4th consecutive day that price has been down. Moreover, Enjin Coin is now 0.73% below its 20 day moving average. In terms of an expected trading range, the Bollinger bands on Enjin Coin suggest price may bounce between $0.073955 and $0.083535 based on its momentum and volatility over the past 14 days. 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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As for Enjin Coin’s market cap, it is currently at about $63M US dollars.

Daily Engagement Metrics Update

No transactions amongst holders of Enjin Coin occurred yesterday. 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. If we observe percentage growth in holders and transfers, we find that Enjin Coin ranks 2 out of the 31 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 75.33% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 3.16% of the currency’s money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by -0.15% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.34%.

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 01, 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 -0.03 per day, while the number of followers watching Enjin Coin’s repositories is growing by 0.17.

What’s Going on Social Media?

Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 97 and 2 over the past day for Enjin Coin. If you are interested in following Enjin Coin on social media, Twitter, where it has 49,965 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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