How Did REN’s Price Fare Yesterday?
REN’s current price, at the time of this writing, is $0.06144 USD, down by approximately 5.27% from the day prior. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in an up trend, and is currently 3.25% above its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. 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 REN imply the currency may oscillate between $0.04034 and $0.078668, based on how price has behaved in the two weeks prior. Price’s current proximity to the top of the range may make shorting an attractive opportunity to traders interested in trading the range.
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The currency’s market cap currently stands at $50 million US dollars.
REN’s Surprises of the Day
The following metrics showed unusual change over the past 24 hours for REN: holders added and transfers added. Further investigation may be warranted.
Update on Transactions and Holders
768 transactions amongst holders of REN occurred yesterday. Regarding a tally of holders, Yesterday saw REN’s wallet count increase by 20. If we observe percentage growth in holders and transfers, we find that REN ranks 9 out of the 34 Ethereum tokens we are tracking.
How are the Strong Holders of REN Faring?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 96.71%. 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 3.52% of the currency’s total money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by -0.02%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0%. As for the REN’s smart contract itself, that owns 0.01% of the total money supply, an amount unchanged from the week prior.
Technical Development Status
The last activity date on REN’s GitHub repository was October 15, 2019, or about 1 days ago. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for REN were completely flat over the past 30 days; in other words, there has been no development work reported on GitHub over the past month.
What’s Going on Social Media?
If you are interested in following REN on social media, Twitter, where it has 9,829 following it, may be a good place to start. Use this link to follow REN on Twitter.
Where to Buy
You can trade Republic Protocol, listed under the symbol REN, through the following exchanges: Yobit, Binance, DDEX.
Article by SixJupiter
