Enjin Coin Price Update
Enjin Coin is down by approximately 6.68% from the previous day, with its price currently hovering around $0.06115 USD. Enjin Coin is currently in an up, and it should be noted that this is now the the 2nd consecutive day that price has been down. Moreover, Enjin Coin is now 0.23% 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 Enjin Coin imply the currency may oscillate between $0.05346 and $0.069124, 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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As for Enjin Coin’s market cap, it is currently at about $49M US dollars.
Update on Transactions and Holders
878 transactions amongst holders of Enjin Coin occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Enjin Coin jump by 39. If we observe percentage growth in holders and transfers, we find that Enjin Coin ranks 19 out of the 33 Ethereum tokens we are tracking.
Just How Rich are Enjin Coin’s Richest Holders?
In terms of wealth concentration, the richest 1,000 wallets own 75.22% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 8.74% of the currency’s money supply. Exchange ownership grew by -0.33% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.09% over that time period.
How Active are the Software Developers?
Enjin Coin hasn’t had any activity on any of its GitHub repos since October 10, 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 0.3.
What’s Going on Social Media?
Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. 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
