November 8, 2019: Aelf (ELF): Down 1.89%; Anomalies In Holders Added

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aelf Price Update

aelf is down by approximately 1.89% from the previous day, with its price currently hovering around $0.08402 USD. aelf is currently in a unclear , and it should be noted that this is now the the 4th day in a row that price has been down. Moreover, aelf is now 2.79% below its 20 day moving average. 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 aelf imply the currency may oscillate between $0.078232 and $0.09463, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.

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The currency’s market cap currently stands at $47 million US dollars.

What Anamolies Occurred Since Yesterday?

Since yesterday, aelf saw anomalous behavior in holders added. It may be worth looking into the causes of this a bit more.

Update on Transactions and Holders

Yesterday saw 1,056 transfers amongst holders of aelf. In terms of estimating the number of holders, over the past day the total number of wallets holding aelf has gone up by approximately 936. To provide context, we’d rank this token as 33 out of the 36 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.

Just How Rich are aelf’s Richest Holders?

In terms of wealth concentration, the richest 1,000 wallets own 99.76% 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 36.71% of the currency’s money supply. Exchange ownership grew by -0.11% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0% over that time period. As for the aelf’s smart contract itself, that owns 0% of the total money supply, an amount unchanged from the week prior.

How Much Development is Occurring?

In terms of how active the software development team working on aelf 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 08, 2019 (today). Over the past 30 days, we’ve seen open issues across aelf’s GitHub repositories grow by -0.93 per day on average, while the number of watchers has grown by 0.53.

aelf’s Social Media Presence

Traders interested in following aelf has the biggest presence on Twitter, where it has 84,658 users engaged. Here is the Twitter page for aelf.

Where to Buy

You can trade Aelf, listed under the symbol ELF, through the following exchanges: Gate, Binance, DDEX, Ethfinex.

Article by SixJupiter

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