Enjin Coin: What’s the Latest Regarding its Price?
At the time of this writing, Enjin Coin has a price of $0.08262 USD, which puts it up by approximately 2.94% from yesterday. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in an up trend, and is currently 13.81% above its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on Enjin Coin suggest price may bounce between $0.058097 and $0.087086 based on its momentum and volatility over the past 14 days. Price’s current proximity to the top of the range may make shorting an attractive opportunity to traders interested in trading the range.
Where to trade Enjincoin (symbol: ENJ): Gate, Yobit, Stex, Binance, Ethfinex
The market capitalization of Enjin Coin, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $62 million.
What Anamolies Occurred Since Yesterday?
Yesterday, the metrics transfers added saw a daily change well outside what is usually experienced. An exploration as to what caused this may be worthwhile.
Straight Off the Chain
Yesterday saw 1,078 transfers amongst holders of Enjin Coin. As for the number of holders, yesterday saw the number of wallets holding Enjin Coin increase by 84. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Enjin Coin ranked 11 out of the 30 Ethereum tokens we’re tracking.
How are the Strong Holders of Enjin Coin Faring?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 75.66%. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 8.27% of the currency’s money supply. Exchange ownership grew by -0.33% 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
The last activity date on Enjin Coin’s GitHub repository was September 07, 2019, or about 1 days ago. 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 0.03 per day, while the number of followers watching Enjin Coin’s repositories is growing by 0.53.
Enjin Coin’s Social Media Presence
In the past day, Enjin Coin’s Reddit subscribers went up by 4, respectively. 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
