September 10, 2019: Zilliqa (ZIL): Up 5.83%; Anomalies In Transfers Added

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How Did Zilliqa’s Price Fare Yesterday?

Zilliqa is up by approximately 5.83% from the previous day, with its price currently hovering around $0.007094 USD. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 2.69% below its 20 day moving average, and is currently in a down trend over the past 14 days. In terms of an expected trading range, the Bollinger bands on Zilliqa suggest price may bounce between $0.006665 and $0.007915 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.

Where to trade Zilliqa (symbol: ZIL): Gate, Yobit, Binance, DDEX, Ethfinex

The market capitalization of Zilliqa, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $61 million.

Unusual Developments

Since yesterday, Zilliqa saw anomalous behavior in transfers added. It may be worth looking into the causes of this a bit more.

Straight Off the Chain

Over the past 24 hours, 41 transfers have been added to the blockchain recording transactions amongst holders of Zilliqa. In terms of estimating the number of holders, over the past day the total number of wallets holding Zilliqa has gone up by approximately 2. To provide context, we’d rank this token as 31 out of the 31 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.

Just How Rich are Zilliqa’s Richest Holders?

Of the coin’s total money supply, the richest 1,0000 wallets currently own 98.24%. 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 8.78% of the currency’s total money supply. Exchange ownership grew by 0.12% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.01% over that time period.

Technical Development Status

The last activity date on Zilliqa’s GitHub repository was September 09, 2019, or about 1 days ago. Over the past 30 days, we’ve seen open issues across Zilliqa’s GitHub repositories grow by 0.4 per day on average, while the number of watchers has grown by 0.37.

What’s Going on Social Media?

Traders interested in following Zilliqa has the biggest presence on Twitter, where it has 66,170 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

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