September 12, 2019: Enjin Coin (ENJ): Down 2.3%; 4th Straight Down Day


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How Did Enjin Coin’s Price Fare Yesterday?

At the time of this writing, Enjin Coin has a price of $0.0713 USD, which puts it down by approximately 2.3% from yesterday. This marked the the 4th straight day Enjin Coin has been down; it is still in a unclear trend, and is currently 3.57% 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 $0.061481 and $0.086398. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.

Where to trade Enjincoin (symbol: ENJ): Gate, Yobit, Stex, Binance, Ethfinex

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As for Enjin Coin’s market cap, it is currently at about $58M US dollars.

Daily Engagement Metrics Update

No transactions amongst holders of Enjin Coin occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Enjin Coin fall by 0. To provide context, we’d rank this token as 17 out of the 32 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.

Observing Enjin Coin’s Richest Wallets

Of the coin’s total money supply, the richest 1,0000 wallets currently own 75.42%. 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% of the currency’s total money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by -0.29%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.19%.

How Active are the Software Developers?

Enjin Coin has been active recently on its GitHub repos, with its most recent code updates occurring today, September 12, 2019. 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 per day, while the number of followers watching Enjin Coin’s repositories is growing by 0.37.

What’s Going on Social Media?

In terms of social media presence, Enjin Coin saw its Twitter followers and Reddit subscribers go up by 1 and 3 over the past 24 hours. 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



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