aelf Price Update
aelf’s current price, at the time of this writing, is $0.08507 USD, down by approximately 4.77% from the day prior. This marked the the 3rd consecutive day aelf has been down; it is still in an uptrend, and is currently 0.32% above its 20 day moving average; staying above this level may be critical to sustain short-term momentum. aelf’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 $0.07246 and $0.097143. Given its boundaries, rangebound traders may find it compelling to entertain shorting, as we are nearer to the top of the range.
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The market capitalization of aelf, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $48 million.
Update on Transactions and Holders
Yesterday we did not see any transfers amongst holders of aelf. As for the number of holders, yesterday saw the number of wallets holding aelf decline by 11. To provide context, we’d rank this token as 2 out of the 34 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Just How Rich are aelf’s Richest Holders?
The top 1,000 aelf wallets hold over 99.77% of the token’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 36.8% of the currency’s money supply. Exchange ownership grew by -0.84% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0% over that time period. The underlying smart contract itself for aelf owns 0% of the total money supply; over the past week, this amount has not changed.
Technical Development Status
In terms of how active the software development team working on aelf 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 29, 2019, or approximately 1 days before. Over the past 30 days, we’ve seen open issues across aelf’s GitHub repositories grow by -0.63 per day on average, while the number of watchers has grown by 0.4.
aelf’s Social Media Presence
Traders interested in following aelf has the biggest presence on Facebook, where it has NA users engaged.
Where to Buy
You can trade Aelf, listed under the symbol ELF, through the following exchanges: Gate, Binance, DDEX, Ethfinex.
Article by SixJupiter
