Price Action
Since last week, Waltonchain’s price went down by -7.17%. It is above its 20 day moving average by 0.5%, which is quite close. Waltonchain’s bullish momentum, determined by its distance from its 20 day moving average, is above average relative to our index of cryptocurrencies. In terms of volatility, Waltonchain exhibits greater price volatility than approximately 91% of coins in our index, so bear that in mind if you decide to trade it. Looking ahead, if the upcoming week mirrors the volatility of three past three weeks, the price range for Waltonchain in US dollars is expected to be between $1.098323 and $2.945477.
Where to trade Waltonchain (symbol: WTC): Gate, Yobit, Binance, DDEX, Ethfinex
Volume Update
In the week prior, the daily volume for Waltonchain has ranged between 1,533,722 and 27,925,363 currency units. Looking back over past 21 days, the trend in volume is not clear, though price is marching upwards. Waltonchain experienced a turnover rate of about 34.59% over the past week, which means that is the percent of its available money supply that is traded daily. This turnover rate is higher than approximately 94.12% of the cryptocurrencies we monitor, which means 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
Over the past week, Waltonchain saw its holders go from 27,928 to 28,085, an increase of 0.56%. And in regards to cumulative transactions logged on the blockchain, they went from 192,999 to 197,285, which amounts to a change of 2.22%. Waltonchain’s combined growth rate — meaning the sum of its growth rate in holders and transactions — is 2.78% which puts it ahead of 83.59% of the coins in our index. This growth rate suggests the coin may be on track to getting and sustaining actual usage.
Technology Development Status
At the moment, Waltonchain has 10 repositories open to the public on GitHub, with the oldest one now being 1.24 years young. Its last public update to any of its repositories was within the past week which is not bad, as the coin is still being updated routinely. Waltonchain’s public repos now have 27 which is below average relative to its peers; that’s more than only 24 % of the 100 similar coins in our index. The coin has 3 issues reported across its public repositories. In comparison to the number of watchers it has, though, its open issues count is fairly mediocre. We consider the GitHub open issue/watcher ratio as a potential indicator of the healthiness of a coin’s software development process, and for Waltonchain we see that its issue/watcher ratio looks healthier than 48% of similar coins in our index.
Waltonchain News and Commentary
We found 2 links over the past week about Waltonchain that we thought were especially worth sharing. Where available, we included a snippet of the article that we thought might be interesting.
Waltonchain Likes Me and I Like Waltonchain – TheTobleronly
Waltonchain Team Token Airdrop and Burn Plan – Waltonchain_EN
Where to Buy
You can trade Waltonchain, listed under the symbol WTC, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex.
Article by SixJupiter
