How Did Enjin Coin’s Price Fare Yesterday?
At the time of this writing, Enjin Coin has a price of $0.07047 USD, which puts it down by approximately 0.94% from yesterday. This marked the the 2nd consecutive day Enjin Coin has been down; it is still in a downtrend, and is currently 6.82% below 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 $0.067154 and $0.084104. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
Where to trade Enjincoin (symbol: ENJ): Gate, Yobit, Stex, Binance, Ethfinex
The currency’s market cap currently stands at $55 million US dollars.
Update on Transactions and Holders
Over the past 24 hours, 460 transfers have been added to the blockchain recording transactions amongst holders of Enjin Coin. In terms of estimating the number of holders, over the past day the total number of wallets holding Enjin Coin has gone up by approximately 20. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Enjin Coin ranked 20 out of the 33 Ethereum tokens we’re tracking.
How are the Strong Holders of Enjin Coin Faring?
The top 1,000 Enjin Coin wallets hold over 75.33% of the token’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 7.9% of the currency’s total money supply. Exchange ownership grew by 0.04% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.07% over that time period.
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 September 19, 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 0.47.
Enjin Coin’s Social Media Presence
If you are interested in following Enjin Coin on social media, Facebook, where it has 57,237 following it, may be a good place to start.
Where to Buy
You can trade Enjincoin, listed under the symbol ENJ, through the following exchanges: Gate, Yobit, Stex, Binance, Ethfinex.
Article by SixJupiter
