How Did Hydro Protocol’s Price Fare Yesterday?
Hydro Protocol is up by approximately 3.04% from the previous day, with its price currently hovering around $0.01222 USD. This marked the the 2nd consecutive day Hydro Protocol has been up; it is still in a unclear trend, and is currently 46.3% above its 20 day moving average; staying above this level may be critical to sustain short-term momentum. Hydro Protocol’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 $0.005378 and $0.011327. Price’s current proximity to the top of the range may make shorting an attractive opportunity to traders interested in trading the range.
Where to trade Hydro Protocol (symbol: HOT): Gate, Yobit, Binance, DDEX, Ethfinex
The currency’s market cap currently stands at $6 million US dollars.
Daily Engagement Metrics Update
23 transactions amongst holders of Hydro Protocol occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding Hydro Protocol has gone up by approximately 2. If we observe percentage growth in holders and transfers, we find that Hydro Protocol ranks 21 out of the 29 Ethereum tokens we are tracking.
Just How Rich are Hydro Protocol’s Richest Holders?
The top 1,000 Hydro Protocol wallets hold over 59.97% of the token’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 14.63% of the currency’s total money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by 0% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.05%. The underlying smart contract itself for Hydro Protocol owns 0% of the total money supply; over the past week, this amount has not changed.
How Active are the Software Developers?
Hydro Protocol hasn’t had any activity on any of its GitHub repos since September 02, 2019 — 3 days prior. 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 0.03 per day, while the number of followers watching Hydro Protocol’s repositories is growing by 0.03.
The Latest on Hydro Protocol and Social Media
If you are interested in following Hydro Protocol on social media, Facebook, where it has 0 following it, may be a good place to start.
Where to Buy
You can trade Hydro Protocol, listed under the symbol HOT, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex.
Article by SixJupiter
