September 19, 2019: Zilliqa (ZIL): Down 6.68%; Surprising Moves In Price And Transfers Added

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Zilliqa Price Update

At the time of this writing, Zilliqa has a price of $0.007039 USD, which puts it down by approximately 6.68% from yesterday. The down day for Zilliqa yesterday was a reversal from the day before it, which puts its price at 1.12% above its 20 day moving average. Over the past two weeks, price has been in a unclear trend. Zilliqa’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 $0.006511 and $0.007411. Price’s current proximity to the top of the range may make selling 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 $66 million.

Zilliqa’s Surprises of the Day

Yesterday, the metrics price and transfers added saw a daily change well outside what is usually experienced. An exploration as to what caused this may be worthwhile.

Daily Engagement Metrics Update

Over the past 24 hours, 45 transfers have been added to the blockchain recording transactions amongst holders of Zilliqa. Regarding a tally of holders, Yesterday saw Zilliqa’s wallet count jump by 10. To provide context, we’d rank this token as 29 out of the 33 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.

How are the Strong Holders of Zilliqa Faring?

The top 1,000 Zilliqa wallets hold over 98.25% of the token’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 9.16% 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 0.01% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.04%.

How Much Development is Occurring?

The last activity date on Zilliqa’s GitHub repository was September 18, 2019, or about 1 days ago. Over the past 30 days, we’ve seen open issues across Zilliqa’s GitHub repositories grow by 0.9 per day on average, while the number of watchers has grown by 0.43.

What’s Going on Social Media?

In the past day, Zilliqa’s Twitter followers and Reddit subscribers went up by 10 and 2, respectively. If you are interested in following Zilliqa on social media, Twitter, where it has 66,280 following it, may be a good place to start. 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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