November 13, 2019: Zilliqa (ZIL): Down 1.9%; Price Crosses 20 Day Average

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Zilliqa Price Update

At the time of this writing, Zilliqa has a price of $0.005794 USD, which puts it down by approximately 1.9% from yesterday. The down day for Zilliqa yesterday was a reversal from the day before it, which puts its price at 1.1% below its 20 day moving average. Over the past two weeks, price has been in a unclear trend. 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 $0.005352 and $0.006365. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.

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The currency’s market cap currently stands at $51 million US dollars.

Update on Transactions and Holders

Yesterday saw 99 transfers amongst holders of Zilliqa. As for the number of holders, yesterday saw the number of wallets holding Zilliqa rise by 83. 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.

Observing Zilliqa’s Richest Wallets

Of the coin’s total money supply, the richest 1,0000 wallets currently own 98.32%. 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 3.62% 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 0.16% over that time period.

How Much Development is Occurring?

In terms of how active the software development team working on Zilliqa 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 12, 2019, or approximately 1 days before. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Zilliqa are growing by 0.23 and 1.6, respectively, over the past 30 days.

Zilliqa’s Social Media Presence

Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. Here is the Twitter page for Zilliqa.

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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