How Did Enjin Coin’s Price Fare Yesterday?
Enjin Coin’s current price, at the time of this writing, is $0.0639 USD, down by approximately 1.78% from the day prior. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 2.86% above its 20 day moving average, and is currently in an up trend over the past 14 days. 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 Enjin Coin imply the currency may oscillate between $0.053271 and $0.070971, based on how price has behaved in the two weeks prior. 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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As for Enjin Coin’s market cap, it is currently at about $50M 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.
Update on Transactions and Holders
1,161 transactions amongst holders of Enjin Coin occurred yesterday. Regarding a tally of holders, Yesterday saw Enjin Coin’s wallet count rise by 76. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Enjin Coin ranked 12 out of the 32 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 75.23%. 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 8.93% 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 0.98%.
Technical Development Status
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 07, 2019, or approximately 1 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 per day, while the number of followers watching Enjin Coin’s repositories is growing by 0.3.
Enjin Coin’s Social Media Presence
Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 22 and 5 over the past day for Enjin Coin. Traders interested in following Enjin Coin has the biggest presence on Twitter, where it has 49,092 users engaged. You can follow Enjin Coin on Twitter here.
Where to Buy
You can trade Enjincoin, listed under the symbol ENJ, through the following exchanges: Gate, Yobit, Stex, Binance, Ethfinex.
Article by SixJupiter
