Enjin Coin Price Update
Enjin Coin is up by approximately 1.17% from the previous day, with its price currently hovering around $0.06512 USD. This marked the the 2nd straight day Enjin Coin has been up; it is still in a unclear trend, and is currently 6.55% above 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 Enjin Coin suggest price may bounce between $0.055026 and $0.067207 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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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 $50 million.
Enjin Coin’s Surprises of the Day
The following metrics showed unusual change over the past 24 hours for Enjin Coin: holders added and transfers added. Further investigation may be warranted.
Daily Engagement Metrics Update
Over the past 24 hours, 1,852 transfers have been added to the blockchain recording transactions amongst holders of Enjin Coin. Regarding a tally of holders, Yesterday saw Enjin Coin’s wallet count rise by 0. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Enjin Coin ranked 10 out of the 34 Ethereum tokens we’re tracking.
Just How Rich are Enjin Coin’s Richest Holders?
In terms of wealth concentration, the richest 1,000 wallets own 75.8% of the coin’s total money supply. The percent of the currency that is owned by wallets that are both belonging to exchanges and in the top 1,000 richest wallets of the token comes out to 8.72% of the currency’s money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by -0.11% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.29%.
Technical Development Status
Enjin Coin hasn’t had any activity on any of its GitHub repos since October 27, 2019 — 1 days prior. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Enjin Coin are growing by 0.03 and 0.1, respectively, over the past 30 days.
Enjin Coin’s Social Media Presence
In the past day, Enjin Coin’s Twitter followers and Reddit subscribers went up by 131 and 11, respectively. If you are interested in following Enjin Coin on social media, Twitter, where it has 49,532 following it, may be a good place to start. Here is the Twitter page for Enjin Coin.
Where to Buy
You can trade Enjincoin, listed under the symbol ENJ, through the following exchanges: Gate, Yobit, Stex, Binance, Ethfinex.
Article by SixJupiter