Enjin Coin: What’s the Latest Regarding its Price?
Enjin Coin is down by approximately 4.24% from the previous day, with its price currently hovering around $0.07912 USD. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 8.05% 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 $0.059112 and $0.087337, based on how price has behaved in the two weeks prior. 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 $64 million.
Unusual Developments
The following metrics showed unusual change over the past 24 hours for Enjin Coin: holders added and transfers added. Further investigation may be warranted.
Daily Engagement Metrics Update
Over the past 24 hours, 1,078 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 84. To provide context, we’d rank this token as 11 out of the 31 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Just How Rich are Enjin Coin’s Richest Holders?
In terms of wealth concentration, the richest 1,000 wallets own 75.66% of the coin’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 8.27% of the currency’s total money supply. Exchange ownership grew by -0.1% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.06% over that time period.
Technical Development Status
Enjin Coin has been active recently on its GitHub repos, with its most recent code updates occurring today, September 09, 2019. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Enjin Coin are growing by 0 and 0.5, respectively, over the past 30 days.
What’s Going on Social Media?
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
