(Last Updated On: February 15, 2019)

Description

Keywords and tags that could be used to describe Elysian: ecommerce, connect, dollar, model, multi, team, envision, healthy, supporters, sustainability, trillion.

Here are links to help you learn more about the token: Blog, Github, Reddit, Twitter, Facebook, Telegram, Whitepaper, Bitcointalk.

Price Action

First, it should be noted Elysian is a small coin that doesn’t move much. In fact, on most days it doesn’t move at all — so this coin won’t be of interest to active traders. The trend is slightly down on a 50 day basis, though that appears to be cooling a bit and may be coming to an end. Price does remain below the 20 day moving average. Elysian has a market capitalization of approximately 131.4 thousand US dollars. That’s small relative to the Ethereum tokens SixJupiter tracks. In terms of volatility, it’s relatively especially low volatility, so this might be a good fit to reduce your overall risk on a day to day basis. However, you may wish to confirm that this is liquid enough for you to get in and out of positions when you need to.

Where to trade Elysian (symbol: ELY): Yobit, Stex

Engagement

Elysian currently has approximately 31446 wallets, with the average weekly growth rate in number of wallets being 201.66% for each week over the past 4 weeks. As for transactions, the weekly growth rate there has been about 73.96%. Notably, both the transaction growth rate and the wallet growth rate for Elysian are above average. For those who believe tokens that get engagement are worth investing in, this could be an opportunity worth digging into.

Dilution Risk

The current available supply for Elysian is 84.92 million, while the total supply is 260 million. This means just 32.66% of Elysian’s total supply, as currently defined, has been made public. Only about 39.69% of tokens with a similar market capitalization have a larger percentage of their total currency unavailable. Both Elysian’s available supply and total supply have increased over steadily over the past four weeks, but growth in total supply has outpaced growth in available supply — and so the dilution risk has grown during this time.

Twitter Insights

Unfortunately, we were not able to access the Twitter of this token, so we do not have any insight into the size and nature of its social media following.

Where to Buy

You can trade Elysian, listed under the symbol ELY, through the following exchanges: Yobit, Stex.