January 23, 2020: Enjin Coin (ENJ): Up 2.56%; 2nd Consecutive Up Day


Enjin Coin Price Update

Enjin Coin’s current price, at the time of this writing, is $0.07935 USD, up by approximately 2.56% from the day prior. Enjin Coin is currently in an up, and it should be noted that this is now the the 2nd straight day that price has been up. Moreover, Enjin Coin is now 4.89% above its 20 day moving average. 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 $0.069238 and $0.08206. As we are closer to the top of that range, rangebound traders may wish to consider exploring shorting 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 $62 million.

Update on Transactions and Holders

Over the past 24 hours, 2,104 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 rise by 84. 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.

Observing Enjin Coin’s Richest Wallets

Of the coin’s total money supply, the richest 1,0000 wallets currently own 76.81%. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 3.23% 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 -0.06% over that time period.

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 22, 2020, or approximately 1 days before. 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 0.17, respectively, over the past 30 days.

Enjin Coin’s Social Media Presence

In the past day, Enjin Coin’s Twitter followers and Reddit subscribers went up by 34 and 3, respectively. Traders interested in following Enjin Coin has the biggest presence on Twitter, where it has 50,284 users engaged. 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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