October 16, 2019: Enjin Coin (ENJ): Down 4.72%; Price Crosses 20 Day Average; 2nd Straight Down Day

January 23, 2020: Enjin Coin (enj): Up 2.56%; 2nd Consecutive Up Day
January 23, 2020: Enjin Coin (enj): Up 2.56%; 2nd Consecutive Up Day
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Enjin Coin Price Update

Enjin Coin is down by approximately 4.72% from the previous day, with its price currently hovering around $0.06021 USD. Enjin Coin enters the day 1.82% below its 20 day moving average, and is experiencing its the 2nd straight day down. In terms of an expected trading range, the Bollinger bands on Enjin Coin suggest price may bounce between $0.056744 and $0.065914 based on its momentum and volatility over the past 14 days. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.

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October 16, 2019: Enjin Coin (enj): Down 4.72%; Price Crosses 20 Day Average; 2nd Straight Down Day

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 $47 million.

Daily Engagement Metrics Update

Over the past 24 hours, 775 transfers have been added to the blockchain recording transactions amongst holders of Enjin Coin. Regarding a tally of holders, Yesterday saw Enjin Coin’s wallet count increase by 34. If we observe percentage growth in holders and transfers, we find that Enjin Coin ranks 18 out of the 34 Ethereum tokens we are tracking.

Observing Enjin Coin’s Richest Wallets

The top 1,000 Enjin Coin wallets hold over 75.2% of the token’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 8.83% of the currency’s total money supply. Exchange ownership grew by -0.03% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.02% over that time period.

Technical Development Status

The last activity date on Enjin Coin’s GitHub repository was October 15, 2019, or about 1 days ago. 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 0.2.

The Latest on Enjin Coin and Social Media

If you are interested in following Enjin Coin on social media, Twitter, where it has 49,221 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. October 16, 2019: Enjin Coin (enj): Down 4.72%; Price Crosses 20 Day Average; 2nd Straight Down Day

Article by SixJupiter