Enjin Coin Price Update
Enjin Coin is up by approximately 5.35% from the previous day, with its price currently hovering around $0.06359 USD. Enjin Coin is currently in a down, but it should be noted that this is now the the 2nd day in a row that price has been up. Moreover, Enjin Coin is now 0.03% below its 20 day moving average. In terms of an expected trading range, the Bollinger bands on Enjin Coin suggest price may bounce between $0.052315 and $0.074905 based on its momentum and volatility over the past 14 days. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
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As for Enjin Coin’s market cap, it is currently at about $47M US dollars.
Enjin Coin’s Surprises of the Day
Since yesterday, Enjin Coin saw anomalous behavior in transfers added. It may be worth looking into the causes of this a bit more.
Daily Engagement Metrics Update
Over the past 24 hours, 1,394 transfers have been added to the blockchain recording transactions amongst holders of Enjin Coin. As for the number of holders, yesterday saw the number of wallets holding Enjin Coin rise by 31. To provide context, we’d rank this token as 12 out of the 32 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
How are the Strong Holders of Enjin Coin Faring?
In terms of wealth concentration, the richest 1,000 wallets own 75.31% 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 9.07% 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 -0.05%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 1.15%.
How Active are the Software Developers?
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 03, 2019, or approximately 1 days before. 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 and 0.3, respectively, over the past 30 days.
The Latest on Enjin Coin and Social Media
Facebook appears to be the most popular place to follow the company, and thus may be worth monitoring.
Where to Buy
You can trade Enjincoin, listed under the symbol ENJ, through the following exchanges: Gate, Yobit, Stex, Binance, Ethfinex.
Article by SixJupiter
