Enjin Coin: What’s the Latest Regarding its Price?
Enjin Coin’s current price, at the time of this writing, is $0.06585 USD, down by approximately 0.65% from the day prior. Enjin Coin enters the day 7.72% above its 20 day moving average, but is experiencing its the 2nd consecutive day down. In terms of an expected trading range, the Bollinger bands on Enjin Coin suggest price may bounce between $0.05421 and $0.068057 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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As for Enjin Coin’s market cap, it is currently at about $53M US dollars.
Unusual Developments
Yesterday, the metrics holders added and transfers added saw a daily change well outside what is usually experienced. An exploration as to what caused this may be worthwhile.
Straight Off the Chain
Over the past 24 hours, 1,778 transfers have been added to the blockchain recording transactions amongst holders of Enjin Coin. As for the number of holders, yesterday saw the number of wallets holding Enjin Coin rise by 80. To provide context, we’d rank this token as 13 out of the 35 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 75.69% of the coin’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 5.2% 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 -0.1% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.1%.
How Much Development is Occurring?
The last activity date on Enjin Coin’s GitHub repository was November 04, 2019, or about 1 days ago. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Enjin Coin are growing by 0.03 and 0.03, respectively, over the past 30 days.
Enjin Coin’s Social Media Presence
Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 21 and 5 over the past day for Enjin Coin. If you are interested in following Enjin Coin on social media, Twitter, where it has 49,559 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
