How Did LEO Token’s Price Fare Yesterday?
LEO Token’s current price, at the time of this writing, is $0.0219 USD, down by approximately 98.1% from the day prior. The down day for LEO Token yesterday was a reversal from the day before it, which puts its price at 98.09% below its 20 day moving average. Over the past two weeks, price has been in a down trend. LEO Token’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 $0.520198 and $1.776492. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
The market capitalization of LEO Token, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $1,152 million.
Unusual Developments
Yesterday, the metrics price saw a daily change well outside what is usually experienced. An exploration as to what caused this may be worthwhile.
Straight Off the Chain
Over the past 24 hours, 20 transfers have been added to the blockchain recording transactions amongst holders of LEO Token. As for the number of holders, yesterday saw the number of wallets holding LEO Token increase by 3. If we observe percentage growth in holders and transfers, we find that LEO Token ranks 11 out of the 30 Ethereum tokens we are tracking.
Observing LEO Token’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 99.99% of the coin’s total money supply. 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 95.08% 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%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.05%.
The Latest on LEO Token and Social Media
Traders interested in following LEO Token has the biggest presence on Facebook, where it has NA users engaged.
Article by SixJupiter
