Engine coin cryptocurrency is currently in bullish momentum by 38.58. In the last 14 days of last week, the engine coin was recorded at 1.31 cents. The latest volume recorded for engine coin is 297 million six hundred three thousand four hundred eighteen.
Twenty-five point: forty-three percent, above its average volume of two hundred thirty-seven million two hundred sixty-five thousand two hundred twenty-six point: twenty-five hi investors welcome to daily crypto facts. If you want to invest and fill your mind with the right information, you are at the right place in today’s content, we will talk about a 38 rise in engine coins in the last 14 days, make sure to hit the like button and subscribe to get big Updates about stocks and cryptocurrencies engine coin’s current market cap is at one billion two hundred thirty-one million seven hundred fifty-eight thousand one hundred eighty-nine, the total supply is one billion. The maximum supply is one billion, and the circulating supply is 934 million. 331 121.40 engine coins.
Last week, last month in last quarter’s current volatility was 2.46 percent 0 21 and 7.49 respectively, according to the stochastic oscillator, a useful indicator of overbought and oversold conditions, engine coins crypto is considered to be oversold less than or equal to 20. Engine coins, current volatility rank, which measures how volatile a financial asset is, which means a variation between the lowest and highest value in a period, was 7.24.
Last week, 5.84 last month and 7 49 last quarter, respectively about engine coins daily highs and lows: it’s 39.36 percent up from its trailing 14 days, low of 0.94 dollars and 10.27 down from its trailing 14 days high of 1.
6 dollars. The engine coin is at 1. 28 dollars a 6.97 increase recently engine was around 1.19 at the beginning of the 24 hour period.
Now, at 1.28 continuing to look good, we actually signed pushing all the way up to about 1.38, and now we have seen it come back about point 10 since then, but i do want to kind of stress out how big this has been for the engine for its Recovery that we have seen in the last week as we continue to move around a lot of volatility, is going on right now with the engine because there is a very low market gap of 1 1 billion dollars do remember guys. The engine has been experiencing some massive volatility because of this low market cap. We’Re going to continue to see it move around very quickly.
Engine coin is an Ethereum token that aims to make it easy for individuals, businesses and brands to use non-fungible tokens or NFTs engine is used to directly back the value of NFTs minted within the engine ecosystem. We are seeing about a seven percent dip overall into the last month, which is not too bad, considering how it dipped to about point zero, seven dollars during the last week of June. We also would like to mention valor.com, a very small cryptocurrency exchange that listed engine recently in the first week of July, it listed AAVE, ENJ, Mana, Matic and uni a couple of solid coins that were listed an engine is one of the many. Let’S take a look now at Engine’s recent tweets as well as quotes.
Emerging technologies like blockchain can play an important role in addressing global inequality, exclusion, discrimination and unemployment. Engine tweets quote nine years ahead of schedule. We’Ve made jump net carbon negative. This is our first step towards our plan to enable carbon-neutral NFTs by 2030. So this is definitely a goal.
They have talked about it quite a bit and it’s continuing to be a very bullish sign in what the engine has been doing because obviously anybody knows making carbon-neutral things will continue to be a very good thing for many different reasons. We are going to talk about the major benefit of affinity, networks for developers and users alike, which are the lower configurable gas prices. Polka dot relay chain takes care of consensus and end-users, don’t have to pay the price of validation, and we wanted to really talk about this a little bit more. If we jump into the article engine room, affinity, token sale, reaps 20 million dollars, engine game devs react, they talked about this and the sale appeared successful in just under three hours. Engine sold 20 million dollars worth of EFI tokens to over 40 000 participants.
400 000 accounts waiting in the queue bringing the total sold to 36 million thanks to an earlier private sale. That is a massive amount, obviously sold and we’re continuing to see success in the engine ecosystem as well. If you go to engine twitter, you can see they have things like kingdom carnage, insects, dragons that are constantly being developed and worked on the engine ecosystem and obviously continuing to make the engine look better and better. Every time they’ve really come out with some big updates and real progress toward that engine ecosystem, let’s jump into the actual price chart yet again for the engine. At the moment we have a 1.
8 cents which is actually a 4.35 increase. However, we are seeing a massive drop here from 1 35 dollars to 1.27. One thing to note guys is: if you go to the prices of all coins, you are going to see that price drop across the board, like bitcoin right here, dropped from thirty-four thousand one hundred thirty-one point: fifty-two dollars all the way down to thirty.
Three thousand four hundred nine-point: thirty-seven dollars, so a massive drop across the board, like I said for so many different coins, and that does all take place. At the same time, you can’t really account for that against the engine. Unfortunately, so if we go back to the engine, we are going to see that 1.28 depth could easily come back and push us back to 1.35.
Very soon we will see if that does take place. There is a lot of movement in volatility during the weekends and especially with crypto. We are going to see a lot of people starting to understand that weekends can be very volatile. There can be a lot of fud very quickly and there are a lot of people. Just waiting on the crypto market and playing with it during the weekend so make sure to really do your own research before investing in any of these crypto coins, because we do think there’s so much potential in crypto.
But there are always a lot of risks involved. As well, I do want to talk about the future of engines by the end of the bull market. I do expect the engine to actually be pushing very high four to five dollar marks. At the very least we already saw if we take a look at the last year, a price point of four dollars on April, 8th at 8 pm. I do think realistically we’re going to see that come again at the end of the bull market and, like i said about a five to really five to six dollar price point.
Is my price target for the engine? That’S going to be a conservative, realistic price prediction by the end of the bull market – part two, but realistically by the time we get all of this accumulation phase, it will be a little late in 2021 and because of that by the end of 2021. I do see engine right around a two to three-dollar price point, so do remember as we move forward. This is going to be a patience game during this accumulation phase during this fud or manipulation phase we’re going to see a lot of people jumping out of the crypto game, and I think that’s exactly when you start to jump in and make yourself some great profits. We will continue to keep you guys up to date with price predictions and obviously news and bullish news relating to any altcoins out there.
Read More: Enjin Coin Set To Explode!