How Did Zilliqa’s Price Fare Yesterday?
Zilliqa’s current price, at the time of this writing, is $0.005659 USD, down by approximately 6.71% from the day prior. Zilliqa is currently in an up, but it should be noted that this is now the the 2nd consecutive day that price has been down. Moreover, Zilliqa is now 1.79% above its 20 day moving average. Zilliqa’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 $0.004789 and $0.00633. As we are closer to the top of that range, rangebound traders may wish to consider exploring selling opportunities.
Trade Zilliqa (ZIL) and over 500 other cryptos across ten different exchanges — all from one app. Try Quadency.
As for Zilliqa’s market cap, it is currently at about $51M US dollars.
Straight Off the Chain
Over the past 24 hours, 37 transfers have been added to the blockchain recording transactions amongst holders of Zilliqa. In terms of estimating the number of holders, over the past day the total number of wallets holding Zilliqa has gone up by approximately 14. To provide context, we’d rank this token as 32 out of the 33 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Observing Zilliqa’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 98.28% 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 9.98% of the currency’s total money supply. Exchange ownership grew by 0.23% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0% over that time period.
How Much Development is Occurring?
In terms of how active the software development team working on Zilliqa is, it may be worth observing that the last time any work pertaining to code was done on their GitHub code repository was on October 10, 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 0.37 per day, while the number of followers watching Zilliqa’s repositories is growing by 0.77.
Zilliqa’s Social Media Presence
Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. Here is the Twitter page for Zilliqa.
Where to Buy
You can trade Zilliqa, listed under the symbol ZIL, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex.
Article by SixJupiter
