October 18, 2019: Zilliqa (ZIL): Down 2.35%; Anomalies In Transfers Added

November 22, 2019: Zilliqa (zil): Down 2.28%; 7th Consecutive Down Day
November 22, 2019: Zilliqa (zil): Down 2.28%; 7th Consecutive Down Day
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Zilliqa: What’s the Latest Regarding its Price?

Zilliqa’s current price, at the time of this writing, is $0.005073 USD, down by approximately 2.35% from the day prior. This marked the the 3rd consecutive day Zilliqa has been down; it is still in a unclear trend, and is currently 7.97% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on Zilliqa suggest price may bounce between $0.004872 and $0.006153 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 18, 2019: Zilliqa (zil): Down 2.35%; Anomalies In Transfers Added

As for Zilliqa’s market cap, it is currently at about $47M US dollars.

What Anamolies Occurred Since Yesterday?

Yesterday, the metrics transfers added saw a daily change well outside what is usually experienced. An exploration as to what caused this may be worthwhile.

Straight Off the Chain

Yesterday saw 42 transfers amongst holders of Zilliqa. As for the number of holders, yesterday saw the number of wallets holding Zilliqa increase by 7. If we observe percentage growth in holders and transfers, we find that Zilliqa ranks 31 out of the 34 Ethereum tokens we are tracking.

How are the Strong Holders of Zilliqa Faring?

In terms of wealth concentration, the richest 1,000 wallets own 98.28% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 10.04% of the currency’s 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%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.06%.

Technical Development Status

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 17, 2019, or approximately 1 days before. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Zilliqa are growing by 0.13 and 0.87, respectively, over the past 30 days.

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 Zilliqa.

Where to Buy

You can trade Zilliqa, listed under the symbol ZIL, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex. October 18, 2019: Zilliqa (zil): Down 2.35%; Anomalies In Transfers Added

Article by SixJupiter