REN: What’s the Latest Regarding its Price?
REN’s current price, at the time of this writing, is $0.05619 USD, down by approximately 1.68% from the day prior. This marked the the 2nd day in a row REN has been down; it is still in an uptrend, and is currently 2.07% above its 20 day moving average; staying above this level may be critical to sustain short-term momentum. REN’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 $0.050163 and $0.059937. Price’s current proximity to the top of the range may make selling an attractive opportunity to traders interested in trading the range.
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The market capitalization of REN, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $47 million.
Straight Off the Chain
Over the past 24 hours, 291 transfers have been added to the blockchain recording transactions amongst holders of REN. As for the number of holders, yesterday saw the number of wallets holding REN jump by 22. If we observe percentage growth in holders and transfers, we find that REN ranks 8 out of the 37 Ethereum tokens we are tracking.
How are the Strong Holders of REN Faring?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 96.03%. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 2.36% of the currency’s money supply. Exchange ownership grew by -0.33% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.27% over that time period. The underlying smart contract itself for REN owns 0.02% of the total money supply; over the past week, this amount has not changed.
How Much Development is Occurring?
The last activity date on REN’s GitHub repository occurred on today, November 14, 2019. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for REN are growing by 0.13 and 1.4, respectively, over the past 30 days.
What’s Going on Social Media?
In terms of social media presence, REN saw its Twitter followers go up by 41 over the past 24 hours. If you are interested in following REN on social media, Twitter, where it has 10,068 following it, may be a good place to start. You can follow REN on Twitter here.
Where to Buy
You can trade Republic Protocol, listed under the symbol REN, through the following exchanges: Yobit, Binance, DDEX.
Article by SixJupiter
