How Did Enjin Coin’s Price Fare Yesterday?
At the time of this writing, Enjin Coin has a price of $0.06295 USD, which puts it down by approximately 1.42% from yesterday. This marked the the 2nd straight day Enjin Coin has been down; it is still in an uptrend, and is currently 3.84% above 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 $0.053952 and $0.067293. Price’s current proximity to the top of the range may make shorting an attractive opportunity to traders interested in trading the range.
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The currency’s market cap currently stands at $50 million US dollars.
Update on Transactions and Holders
Over the past 24 hours, no 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 decline by 47. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Enjin Coin ranked 16 out of the 34 Ethereum tokens we’re tracking.
Observing Enjin Coin’s Richest Wallets
Of the coin’s total money supply, the richest 1,0000 wallets currently own 75.8%. 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 5.23% 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 -0.06%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -3.43%.
How Much Development is Occurring?
In terms of how active the software development team working on Enjin Coin 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 Enjin Coin’s GitHub repositories grow by 0.03 per day on average, while the number of watchers has grown by 0.1.
Enjin Coin’s Social Media Presence
In terms of social media presence, Enjin Coin saw its Reddit subscribers go up by 3 over the past 24 hours. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. 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
