How Did Enjin Coin’s Price Fare Yesterday?
Enjin Coin is down by approximately 1.7% from the previous day, with its price currently hovering around $0.0652 USD. This marked the the 2nd consecutive day Enjin Coin has been down; it is still in a unclear trend, and is currently 0.74% above its 20 day moving average; staying above this level may be critical to sustain short-term momentum. Enjin Coin’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 $0.060249 and $0.069192. 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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As for Enjin Coin’s market cap, it is currently at about $52M US dollars.
Unusual Developments
The following metrics showed unusual change over the past 24 hours for Enjin Coin: transfers added. Further investigation may be warranted.
Update on Transactions and Holders
Yesterday saw 6,561 transfers amongst holders of Enjin Coin. As for the number of holders, yesterday saw the number of wallets holding Enjin Coin rise by 91. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Enjin Coin ranked 13 out of the 35 Ethereum tokens we’re tracking.
Just How Rich are Enjin Coin’s Richest Holders?
The top 1,000 Enjin Coin wallets hold over 75.74% of the token’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 4.68% 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 0.05% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.8%.
How Much Development is Occurring?
Enjin Coin hasn’t had any activity on any of its GitHub repos since November 17, 2019 — 1 days prior. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Enjin Coin are growing by 0.07 and 0.07, respectively, over the past 30 days.
What’s Going on Social Media?
In terms of social media presence, Enjin Coin saw its Twitter followers and Reddit subscribers go up by 260 and 2 over the past 24 hours. If you are interested in following Enjin Coin on social media, Twitter, where it has 49,556 following it, may be a good place to start. Use this link to follow Enjin Coin on Twitter.
Where to Buy
You can trade Enjincoin, listed under the symbol ENJ, through the following exchanges: Gate, Yobit, Stex, Binance, Ethfinex.
Article by SixJupiter
