November 15, 2019: Zilliqa (ZIL): Up 8.81%; Anomalies In Price; Price Crosses 20 Day Average

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Zilliqa: What’s the Latest Regarding its Price?

At the time of this writing, Zilliqa has a price of $0.00619 USD, which puts it up by approximately 8.81% from yesterday. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 4.1% above its 20 day moving average, and is currently in a unclear trend over the past 14 days. In terms of an expected trading range, the Bollinger bands on Zilliqa suggest price may bounce between $0.005467 and $0.006425 based on its momentum and volatility over the past 14 days. Price’s current proximity to the top of the range may make shorting an attractive opportunity to traders interested in trading the range.

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The currency’s market cap currently stands at $53 million US dollars.

What Anamolies Occurred Since Yesterday?

Since yesterday, Zilliqa saw anomalous behavior in price. It may be worth looking into the causes of this a bit more.

Daily Engagement Metrics Update

75 transactions amongst holders of Zilliqa occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Zilliqa rise by 55. To provide context, we’d rank this token as 34 out of the 35 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.

Just How Rich are Zilliqa’s Richest Holders?

The top 1,000 Zilliqa wallets hold over 98.32% of the token’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 3.66% 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 0.03% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.12%.

How Active are the Software Developers?

Zilliqa hasn’t had any activity on any of its GitHub repos since November 13, 2019 — 2 days prior. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Zilliqa are growing by 0.4 and 1.43, respectively, over the past 30 days.

Zilliqa’s Social Media Presence

If you are interested in following Zilliqa on social media, Twitter, where it has 66,383 following it, may be a good place to start. 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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