January 21, 2020: Enjin Coin (ENJ): Down 0.17%

.

How Did Enjin Coin’s Price Fare Yesterday?

Enjin Coin’s current price, at the time of this writing, is $0.07559 USD, down by approximately 0.17% 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 0.09% above its 20 day moving average, and is currently in a unclear 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 $0.069583 and $0.081461. 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 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 $60 million.

Straight Off the Chain

1,355 transactions amongst holders of Enjin Coin occurred yesterday. Regarding a tally of holders, Yesterday saw Enjin Coin’s wallet count increase by 58. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Enjin Coin ranked 11 out of the 30 Ethereum tokens we’re tracking.

How are the Strong Holders of Enjin Coin Faring?

In terms of wealth concentration, the richest 1,000 wallets own 76.83% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 3.15% 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 0.67% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.22%.

How Much Development is Occurring?

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 20, 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 0.17.

The Latest on Enjin Coin and Social Media

In terms of social media presence, Enjin Coin saw its Twitter followers go up by 10 over the past 24 hours. If you are interested in following Enjin Coin on social media, Twitter, where it has 50,230 following it, may be a good place to start. 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

Stay up to date on crypto news!

Sign up for our newsletter for all the hottest crypto stories, ICO reviews, and insights from leading experts of the crypto world - four times a week.

You have been signed up!