How Did Enjin Coin’s Price Fare Yesterday?
At the time of this writing, Enjin Coin has a price of $0.06199 USD, which puts it down by approximately 0.69% from yesterday. The down day for Enjin Coin yesterday was a reversal from the day before it, which puts its price at 2.99% below its 20 day moving average. Over the past two weeks, price has been in a down trend. In terms of an expected trading range, the Bollinger bands on Enjin Coin suggest price may bounce between $0.059774 and $0.068032 based on its momentum and volatility over the past 14 days. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading 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 $49 million.
Update on Transactions and Holders
Over the past 24 hours, 1,157 transfers have been added to the blockchain recording transactions amongst holders of Enjin Coin. As for the number of holders, yesterday saw the number of wallets holding Enjin Coin jump by 59. If we observe percentage growth in holders and transfers, we find that Enjin Coin ranks 34 out of the 37 Ethereum tokens we are tracking.
Observing Enjin Coin’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 75.74% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 5.49% of the currency’s money supply. Exchange ownership grew by 0.26% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0.08% over that time period.
Technical Development Status
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 13, 2019, or approximately 1 days before. Over the past 30 days, we’ve seen open issues across Enjin Coin’s GitHub repositories grow by 0.03 per day on average, while the number of watchers has grown by 0.07.
The Latest on Enjin Coin and Social Media
Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. You can follow Enjin Coin on Twitter here.
Where to Buy
You can trade Enjincoin, listed under the symbol ENJ, through the following exchanges: Gate, Yobit, Stex, Binance, Ethfinex.
Article by SixJupiter