How Did Enjin Coin’s Price Fare Yesterday?
Enjin Coin is down by approximately 1.45% from the previous day, with its price currently hovering around $0.06401 USD. The down day for Enjin Coin yesterday was a reversal from the day before it, which puts its price at 5.47% above its 20 day moving average. Over the past two weeks, price has been in an up trend. 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 $0.054797 and $0.066579, based on how price has behaved in the two weeks prior. 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 market capitalization of Enjin Coin, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $49 million.
What Anamolies Occurred Since Yesterday?
Since yesterday, Enjin Coin saw anomalous behavior in holders added and transfers added. It may be worth looking into the causes of this a bit more.
Daily Engagement Metrics Update
1,481 transactions amongst holders of Enjin Coin occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding Enjin Coin has gone up by approximately 26. To provide context, we’d rank this token as 18 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 75.2% 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 8.7% of the currency’s total money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by -0.07% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.32%.
How Much Development is Occurring?
The last activity date on Enjin Coin’s GitHub repository was October 13, 2019, or about 1 days ago. Over the past 30 days, we’ve seen open issues across Enjin Coin’s GitHub repositories grow by 0.03 per day on average, while the number of watchers has grown by 0.27.
The Latest on Enjin Coin and Social Media
Traders interested in following Enjin Coin has the biggest presence on Twitter, where it has 49,221 users engaged. 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
