How Did REN’s Price Fare Yesterday?
REN is down by approximately 3.59% from the previous day, with its price currently hovering around $0.05402 USD. This marked the the 2nd straight day REN has been down; it is still in a unclear trend, and is currently 3.72% below 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 $0.051248 and $0.060961. 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 REN, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $42 million.
Daily Engagement Metrics Update
No transactions amongst holders of REN occurred yesterday. Regarding a tally of holders, Yesterday saw REN’s wallet count fall by 0. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has REN ranked 8 out of the 37 Ethereum tokens we’re tracking.
Just How Rich are REN’s Richest Holders?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 96.33%. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 3.96% of the currency’s money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by 0.18%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 1.46%. As for the REN’s smart contract itself, that owns 0.02% of the total money supply, an amount unchanged from the week prior.
REN’s Social Media Presence
Traders interested in following REN has the biggest presence on Twitter, where it has 10,092 users engaged. Here is the Twitter page for REN.
Where to Buy
You can trade Republic Protocol, listed under the symbol REN, through the following exchanges: Yobit, Binance, DDEX.
Article by SixJupiter
