REN Price Update
REN’s current price, at the time of this writing, is $0.05559 USD, down by approximately 2.97% from the day prior. The down day for REN yesterday was a reversal from the day before it, which puts its price at 0.74% above its 20 day moving average. Over the past two weeks, price has been in a down trend. In terms of an expected trading range, the Bollinger bands on REN suggest price may bounce between $0.047766 and $0.062601 based on its momentum and volatility over the past 14 days. Price’s current proximity to the top of the range may make selling an attractive opportunity to traders interested in trading the range.
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As for REN’s market cap, it is currently at about $46M US dollars.
Straight Off the Chain
Over the past 24 hours, 267 transfers have been added to the blockchain recording transactions amongst holders of REN. Regarding a tally of holders, Yesterday saw REN’s wallet count jump by 2. To provide context, we’d rank this token as 8 out of the 35 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
How are the Strong Holders of REN Faring?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 96.6%. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 3.16% 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 -0.04%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.19%. The underlying smart contract itself for REN owns 0.01% of the total money supply; over the past week, this amount has not changed.
How Active are the Software Developers?
In terms of how active the software development team working on REN 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 23, 2019 (today). Over the past 30 days, we’ve seen open issues across REN’s GitHub repositories grow by 0.3 per day on average, while the number of watchers has grown by 0.7.
REN’s Social Media Presence
Social media growth, in terms of Twitter followers, came in at up 5 over the past day for REN. If you are interested in following REN on social media, Twitter, where it has 9,858 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
