Enjin Coin: What’s the Latest Regarding its Price?
Enjin Coin is down by approximately 1.66% from the previous day, with its price currently hovering around $0.06627 USD. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in an up trend, and is currently 6.3% 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 $0.056844 and $0.067843. Given its boundaries, rangebound traders may find it compelling to entertain shorting, as we are nearer to the top of the range.
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The currency’s market cap currently stands at $53 million US dollars.
Update on Transactions and Holders
Yesterday saw 988 transfers amongst holders of Enjin Coin. Regarding a tally of holders, Yesterday saw Enjin Coin’s wallet count rise by 24. To provide context, we’d rank this token as 16 out of the 36 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 75.66% of the coin’s total money supply. If we focus on exchanges, which may be an correlated with liquidity and greater confidence in the currency, the exchange wallets that are in the top 1,000 wallets own 5.23% of the currency’s total money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by -0.12%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.05%.
How Active are the Software Developers?
Enjin Coin hasn’t had any activity on any of its GitHub repos since November 06, 2019 — 1 days prior. 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 0.03.
What’s Going on Social Media?
If you are interested in following Enjin Coin on social media, Twitter, where it has 49,545 following it, may be a good place to start. Here is the Twitter page for Enjin Coin.
Where to Buy
You can trade Enjincoin, listed under the symbol ENJ, through the following exchanges: Gate, Yobit, Stex, Binance, Ethfinex.
Article by SixJupiter
