November 12, 2019: Zilliqa (ZIL): Down 1.63%; Price Crosses 20 Day Average; 2nd Consecutive Down Day

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How Did Zilliqa’s Price Fare Yesterday?

At the time of this writing, Zilliqa has a price of $0.005793 USD, which puts it down by approximately 1.63% from yesterday. This marked the the 2nd day in a row Zilliqa has been down; it is still in a unclear trend, and is currently 0.35% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on Zilliqa suggest price may bounce between $0.00525 and $0.006377 based on its momentum and volatility over the past 14 days. 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 Zilliqa, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $50 million.

Update on Transactions and Holders

Yesterday saw 30 transfers amongst holders of Zilliqa. As for the number of holders, yesterday saw the number of wallets holding Zilliqa jump by 24. If we observe percentage growth in holders and transfers, we find that Zilliqa ranks 35 out of the 35 Ethereum tokens we are tracking.

Observing Zilliqa’s Richest Wallets

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. Exchange ownership grew by 0.19% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0.16% over that time period.

How Active are the Software Developers?

Zilliqa has been active recently on its GitHub repos, with its most recent code updates occurring today, November 12, 2019. Over the past 30 days, we’ve seen open issues across Zilliqa’s GitHub repositories grow by 0.23 per day on average, while the number of watchers has grown by 1.53.

Zilliqa’s Social Media Presence

Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 4 and 2 over the past day for Zilliqa. If you are interested in following Zilliqa on social media, Twitter, where it has 66,423 following it, may be a good place to start. You can follow Zilliqa on Twitter here.

Where to Buy

You can trade Zilliqa, listed under the symbol ZIL, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex.

Article by SixJupiter

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