How Did Zilliqa’s Price Fare Yesterday?
Zilliqa’s current price, at the time of this writing, is $0.006094 USD, up by approximately 7.23% from the day prior. Zilliqa enters the day 11.3% above its 20 day moving average, and is experiencing its the 2nd straight day up. Traders looking for a range to trade within may wish to note that the Bollinger bands (a price indicator based on recent momentum and volatility) for Zilliqa imply the currency may oscillate between $0.00477 and $0.006181, based on how price has behaved in the two weeks prior. As we are closer to the top of that range, rangebound traders may wish to consider exploring selling opportunities.
Trade Zilliqa (ZIL) and over 500 other cryptos across ten different exchanges — all from one app. Try Quadency.
The currency’s market cap currently stands at $49 million US dollars.
Zilliqa’s Surprises of the Day
Yesterday, the metrics transfers added saw a daily change well outside what is usually experienced. An exploration as to what caused this may be worthwhile.
Daily Engagement Metrics Update
Yesterday saw 37 transfers amongst holders of Zilliqa. Regarding a tally of holders, Yesterday saw Zilliqa’s wallet count drop by 0. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Zilliqa ranked 32 out of the 34 Ethereum tokens we’re tracking.
How are the Strong Holders of Zilliqa Faring?
The top 1,000 Zilliqa wallets hold over 98.14% of the token’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 3.91% of the currency’s money supply. Exchange ownership grew by 0.15% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.02% over that time period.
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 26, 2019, or approximately 2 days before. 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 0.33 per day, while the number of followers watching Zilliqa’s repositories is growing by 1.57.
What’s Going on Social Media?
Traders interested in following Zilliqa has the biggest presence on Twitter, where it has 66,311 users engaged. You can follow Zilliqa on Twitter here.
Where to Buy
You can trade Zilliqa, listed under the symbol ZIL, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex.
Article by SixJupiter
