Qubitica Price Update
At the time of this writing, Qubitica has a price of $39.8 USD, which puts it down by approximately 1.75% from yesterday. The down day for Qubitica yesterday was a reversal from the day before it, which puts its price at 16.2% above its 20 day moving average. Over the past two weeks, price has been in an up trend. Qubitica’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 $28.24964 and $40.25136. As we are closer to the top of that range, rangebound traders may wish to consider exploring selling opportunities.
The market capitalization of Qubitica, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $82 million.
Daily Engagement Metrics Update
Over the past 24 hours, 15 transfers have been added to the blockchain recording transactions amongst holders of Qubitica. In terms of estimating the number of holders, over the past day the total number of wallets holding Qubitica has gone up by approximately 1. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Qubitica ranked 15 out of the 33 Ethereum tokens we’re tracking.
How are the Strong Holders of Qubitica Faring?
In terms of wealth concentration, the richest 1,000 wallets own 99.76% of the coin’s total money supply.
How Much Development is Occurring?
The last activity date on Qubitica’s GitHub repository was August 20, 2019, or about 31 days ago. To understand how code development is progressing, we observed the growth rates in the number of open issues and the number of users following Qubitica on GitHub; we found no growth in both of those metrics over the past 30 days, suggesting code is either being maintained elsewhere or code development as stopped.
What’s Going on Social Media?
Social media growth, in terms of Twitter followers, came in at up 34 over the past day for Qubitica. Traders interested in following Qubitica has the biggest presence on Twitter, where it has 1,758 users engaged. Use this link to follow Qubitica on Twitter.
Article by SixJupiter
