Enjin Coin: What’s the Latest Regarding its Price?
At the time of this writing, Enjin Coin has a price of $0.0591 USD, which puts it up by approximately 3.02% from yesterday. Enjin Coin enters the day 9.2% below its 20 day moving average, but is experiencing its the 2nd consecutive day up. In terms of an expected trading range, the Bollinger bands on Enjin Coin suggest price may bounce between $0.050472 and $0.079706 based on its momentum and volatility over the past 14 days. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
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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 $45 million.
What Anamolies Occurred Since Yesterday?
Since yesterday, Enjin Coin saw anomalous behavior in transfers added. It may be worth looking into the causes of this a bit more.
Daily Engagement Metrics Update
Yesterday saw 1,051 transfers amongst holders of Enjin Coin. 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 35. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Enjin Coin ranked 16 out of the 32 Ethereum tokens we’re tracking.
Observing Enjin Coin’s Richest Wallets
Of the coin’s total money supply, the richest 1,0000 wallets currently own 75.34%. 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 7.95% 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.
Enjin Coin’s Social Media Presence
If you are interested in following Enjin Coin on social media, Facebook, where it has 57,237 following it, may be a good place to start.
Where to Buy
You can trade Enjincoin, listed under the symbol ENJ, through the following exchanges: Gate, Yobit, Stex, Binance, Ethfinex.
Article by SixJupiter
