Hydro Protocol: What’s the Latest Regarding its Price?
Hydro Protocol’s current price, at the time of this writing, is $0.006903 USD, down by approximately 43.51% from the day prior. Hydro Protocol is currently in a unclear , and it should be noted that this is now the the 2nd day in a row that price has been down. Moreover, Hydro Protocol is now 20.56% below its 20 day moving average. 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 $0.005164 and $0.012216. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
Where to trade Hydro Protocol (symbol: HOT): Gate, Yobit, Binance, DDEX, Ethfinex
The currency’s market cap currently stands at $2 million US dollars.
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.
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 1. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Hydro Protocol ranked 21 out of the 30 Ethereum tokens we’re tracking.
Observing Hydro Protocol’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 59.97% 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 14.62% 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 -0.04%. The underlying smart contract itself for Hydro Protocol owns 0% of the total money supply; over the past week, this amount has not changed.
Technical Development Status
The last activity date on Hydro Protocol’s GitHub repository was September 02, 2019, or about 4 days ago. Over the past 30 days, we’ve seen open issues across Hydro Protocol’s GitHub repositories grow by 0.07 per day on average, while the number of watchers has grown by 0.03.
Hydro Protocol’s Social Media Presence
Facebook appears to be the most popular place to follow the company, and thus may be worth monitoring.
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
