Enjin Coin: What’s the Latest Regarding its Price?
Enjin Coin is up by approximately 2.15% from the previous day, with its price currently hovering around $0.05785 USD. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a down trend, and is currently 4.18% below its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. Enjin Coin’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 $0.055322 and $0.065431. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
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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 $47 million.
What Anamolies Occurred Since Yesterday?
The following metrics showed unusual change over the past 24 hours for Enjin Coin: transfers added. Further investigation may be warranted.
Straight Off the Chain
Yesterday saw 975 transfers amongst holders of Enjin Coin. As for the number of holders, yesterday saw the number of wallets holding Enjin Coin increase by 0. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Enjin Coin ranked 14 out of the 41 Ethereum tokens we’re tracking.
Observing Enjin Coin’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 75.81% 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 8.64% 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 -0.11%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.22%.
Technical Development Status
The last activity date on Enjin Coin’s GitHub repository was October 24, 2019, or about 1 days ago. Over the past 30 days, we’ve seen open issues across Enjin Coin’s GitHub repositories grow by 0.03 per day on average, while the number of watchers has grown by 0.1.
The Latest on Enjin Coin and Social Media
In terms of social media presence, Enjin Coin saw its Twitter followers and Reddit subscribers go up by 14 and 2 over the past 24 hours. Traders interested in following Enjin Coin has the biggest presence on Twitter, where it has 49,401 users engaged. Use this link to follow Enjin Coin on Twitter.
Where to Buy
You can trade Enjincoin, listed under the symbol ENJ, through the following exchanges: Gate, Yobit, Stex, Binance, Ethfinex.
Article by SixJupiter
