Enjin Coin Price Update
Enjin Coin is down by approximately 14.64% from the previous day, with its price currently hovering around $0.04952 USD. The down day for Enjin Coin yesterday was a reversal from the day before it, which puts its price at 21.38% below its 20 day moving average. Over the past two weeks, price has been in a unclear trend. Traders looking for a range to trade within may wish to note that the Bollinger bands (a price indicator based on recent momentum and volatility) for Enjin Coin imply the currency may oscillate between $0.052279 and $0.073688, based on how price has behaved in the two weeks prior. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
Trade Enjincoin (ENJ) and over 500 other cryptos across ten different exchanges — all from one app. Try Quadency.
As for Enjin Coin’s market cap, it is currently at about $42M US dollars.
Daily Engagement Metrics Update
Yesterday saw 1,062 transfers amongst holders of Enjin Coin. In terms of estimating the number of holders, over the past day the total number of wallets holding Enjin Coin has gone up by approximately 40. To provide context, we’d rank this token as 17 out of the 33 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Observing Enjin Coin’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 75.7% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 4.97% 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 -0.04%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.29%.
How Active are the Software Developers?
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 24, 2019, or approximately 1 days before. To understand how code development is progressing, we can observe growth rates over the past 30 days in the number of open issues and the number of watchers: open issuers have been growing at about 0.03 per day, while the number of followers watching Enjin Coin’s repositories is growing by 0.07.
What’s Going on Social Media?
Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 19 and 1 over the past day for Enjin Coin. If you are interested in following Enjin Coin on social media, Twitter, where it has 49,522 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
