October 21, 2019: Zilliqa (ZIL): Up 0.34%; 3rd Consecutive Up Day

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Zilliqa: What’s the Latest Regarding its Price?

Zilliqa is up by approximately 0.34% from the previous day, with its price currently hovering around $0.005296 USD. This marked the the 3rd consecutive day Zilliqa has been up; it is still in a downtrend, and is currently 4.24% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. Zilliqa’s expected trading range — as forecasted by the Bollinger bands indicator, which determines a range based on momentum and volatility over the past two weeks — is between $0.004817 and $0.006244. 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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The currency’s market cap currently stands at $46 million US dollars.

Update on Transactions and Holders

Yesterday saw 13 transfers amongst holders of Zilliqa. As for the number of holders, yesterday saw the number of wallets holding Zilliqa increase by 1. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Zilliqa ranked 31 out of the 34 Ethereum tokens we’re tracking.

Just How Rich are Zilliqa’s Richest Holders?

In terms of wealth concentration, the richest 1,000 wallets own 98.16% 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 3.76% 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 -0.12%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -6.25%.

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 21, 2019 (today). 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 0.1 per day, while the number of followers watching Zilliqa’s repositories is growing by 0.97.

The Latest on Zilliqa and Social Media

In the past day, Zilliqa’s Twitter followers went up by 11, respectively. If you are interested in following Zilliqa on social media, Twitter, where it has 66,325 following it, may be a good place to start. Use this link to follow Zilliqa on Twitter.

Where to Buy

You can trade Zilliqa, listed under the symbol ZIL, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex.

Article by SixJupiter

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