How Did Zilliqa’s Price Fare Yesterday?
At the time of this writing, Zilliqa has a price of $0.005889 USD, which puts it down by approximately 1.93% from yesterday. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a unclear trend, and is currently 2.32% above its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. Zilliqa’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 $0.005185 and $0.006326. 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 $53 million US dollars.
Update on Transactions and Holders
Over the past 24 hours, 189 transfers have been added to the blockchain recording transactions amongst holders of Zilliqa. Regarding a tally of holders, Yesterday saw Zilliqa’s wallet count rise by 178. To provide context, we’d rank this token as 36 out of the 36 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Just How Rich are Zilliqa’s Richest Holders?
In terms of wealth concentration, the richest 1,000 wallets own 98.31% 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 3.8% 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 0.16%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.12%.
How Much Development is Occurring?
The last activity date on Zilliqa’s GitHub repository was November 10, 2019, or about 1 days ago. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Zilliqa are growing by 0.2 and 1.47, respectively, over the past 30 days.
What’s Going on Social Media?
In terms of social media presence, Zilliqa saw its Reddit subscribers go up by 1 over the past 24 hours. If you are interested in following Zilliqa on social media, Twitter, where it has 66,419 following it, may be a good place to start. Use this link to follow Zilliqa on Twitter.
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Article by SixJupiter