Enjin Coin Price Update
Enjin Coin is down by approximately 0.4% from the previous day, with its price currently hovering around $0.06215 USD. Enjin Coin enters the day 2.23% below its 20 day moving average, and is experiencing its the 3rd day in a row down. Traders looking for a range to trade within may wish to note that the Bollinger bands (a price indicator based on recent momentum and volatility) for Enjin Coin imply the currency may oscillate between $0.059498 and $0.067636, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
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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 $48 million.
Unusual Developments
The following metrics showed unusual change over the past 24 hours for Enjin Coin: transfers added. Further investigation may be warranted.
Straight Off the Chain
Yesterday saw 1,954 transfers amongst holders of Enjin Coin. In terms of estimating the number of holders, over the past day the total number of wallets holding Enjin Coin has gone up by approximately 53. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Enjin Coin ranked 33 out of the 35 Ethereum tokens we’re tracking.
Observing Enjin Coin’s Richest Wallets
The top 1,000 Enjin Coin wallets hold over 75.67% of the token’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 5.45% 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 -0.01% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.25%.
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 November 11, 2019, 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 0.07.
Enjin Coin’s Social Media Presence
Social media growth, in terms of Twitter followers, came in at up 5 over the past day for Enjin Coin. Traders interested in following Enjin Coin has the biggest presence on Twitter, where it has 49,386 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
