January 6, 2020: Enjin Coin (ENJ): Up 4.09%; Unusual Moves In Holders Added; Price Crosses 20 Day Average

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How Did Enjin Coin’s Price Fare Yesterday?

Enjin Coin’s current price, at the time of this writing, is $0.07912 USD, up by approximately 4.09% from the day prior. The up day for Enjin Coin yesterday was a reversal from the day before it, which puts its price at 0.95% above its 20 day moving average. Over the past two weeks, price has been in a unclear trend. 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 $0.073757 and $0.082995. Price’s current proximity to the top of the range may make shorting an attractive opportunity to traders interested in trading the range.

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The currency’s market cap currently stands at $60 million US dollars.

What Anamolies Occurred Since Yesterday?

The following metrics showed unusual change over the past 24 hours for Enjin Coin: holders added. Further investigation may be warranted.

Daily Engagement Metrics Update

Yesterday saw 5,081 transfers amongst holders of Enjin Coin. Regarding a tally of holders, Yesterday saw Enjin Coin’s wallet count increase by 0. To provide context, we’d rank this token as 2 out of the 32 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.

Just How Rich are Enjin Coin’s Richest Holders?

The top 1,000 Enjin Coin wallets hold over 75.33% of the token’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. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by -0.1%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.74%.

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 05, 2020, or approximately 1 days before. Over the past 30 days, we’ve seen open issues across Enjin Coin’s GitHub repositories grow by 0 per day on average, while the number of watchers has grown by 0.2.

Enjin Coin’s Social Media Presence

Social media growth, in terms of Twitter followers, came in at up 16 over the past day for Enjin Coin. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. 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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