Price Action
Over the past week, Waltonchain saw its price go down by -16.54%. It is below its 20 day moving average by 6.73%, so it’s fairly close. Waltonchain’s bullish momentum, if assessed by its distance from its 20 day moving average, is roughly middle-of-the-pack relative to the cryptos we’re tracking. Now when considering volatility, Waltonchain is more prone to sizable price moves than 63% of coins in our index, so traders can expect a bit more volatility than usual. Based on volatility over the past three weeks, we can expect Waltonchain to experience a price range in US dollars between 1.852019 and $2.693981.
Where to trade Waltonchain (symbol: WTC): Gate, Yobit, Binance, DDEX, Ethfinex
Volume Update
In the span of the preceding 7 days, Waltonchain’s daily volume, in terms of its own unit of currency, has fluctuated between 4,648,081 and 13,541,720. Over the past three weeks, the trend in volume,like the trend in price, is choppy and does not reveal a clear direction. Waltonchain experienced a turnover rate of about 18.69% over the past week, which means that is the percent of its available money supply that is traded daily. Its turnover rate is more than approximately 89.69% of the cryptocurrencies in our index, so it’s far above average and thus a good coin for those interested in active trading or being able to get out of the market if they need to.
Engagement Update
Waltonchain saw the number of wallets holding its coin go from 25,861 to 25,851 over the past week — a change of -0.04%. As for overall transactions, they increased from 175,553 to 176,588 — an increase of 0.59%. Waltonchain’s combined growth rate — meaning the sum of its growth rate in holders and transactions — is 0.55% which puts it ahead of 41.18% of the coins in our index. This growth rate suggests the coin’s weekly growth in engagement is fairly mediocre.
Technology Development Status
At the moment, Waltonchain has 8 repositories open to the public on GitHub, with the oldest one now being 1.33 years young. Its most recent public update was more than a week ago which is potentially concerning; more than a week without an update may suggest development is too slow. Waltonchain’s public repos now have 75 which is very bad on a relative basis; it bests only 15 % of the 100 similar coins in our index. The coin has 29 issues reported across its public repositories. Its number of watchers, when viewed against its open issues count, is quite poor, and may potentially indicate some concern that the software is at risk of not being updated fast enough. Our hypothesis that the open issue/watcher ratio may be of some value in assessing the healthiness of a coin’s software development process, and for Waltonchain, this ratio was better than a mere 8 % of the similar coins we track in our index.
Waltonchain News and Commentary
Over the past week, we found 3 links about Waltonchain that we found especially interesting. If available, we added an excerpt from the article to help give a taste of what it is about.
Official Launch of DMTC, Waltonchain’s First Global Smart Retail Application Chi
Announcement on the Release of the Fully Operational Waltonchain
Snippet:
Waltonchain will no longer perform miner payouts for WTCT mined after block #550,000….Waltonchain Team will take a snapshot of all WTCT addresses and perform a miner payout.
Waltonchain KIRINMINER Limited Presale Anno
Where to Buy
You can trade Waltonchain, listed under the symbol WTC, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex.
Article by SixJupiter
