Hydro Protocol: What’s the Latest Regarding its Price?
Hydro Protocol is down by approximately 5.76% from the previous day, with its price currently hovering around $0.0053 USD. Hydro Protocol enters the day 18.2% below its 20 day moving average, and is experiencing its the 3rd straight day down. In terms of an expected trading range, the Bollinger bands on Hydro Protocol suggest price may bounce between $0.005237 and $0.007721 based on its momentum and volatility over the past 14 days. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
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The currency’s market cap currently stands at $88 million US dollars.
Daily Engagement Metrics Update
38 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. To provide context, we’d rank this token as 27 out of the 31 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
How are the Strong Holders of Hydro Protocol Faring?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 59.97%. 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 14.58% of the currency’s total money supply. Exchange ownership grew by -0.07% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0% over that time period. 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
Hydro Protocol hasn’t had any activity on any of its GitHub repos since September 25, 2019 — 2 days prior. Over the past 30 days, we’ve seen open issues across Hydro Protocol’s GitHub repositories grow by 0.03 per day on average, while the number of watchers has grown by 0.13.
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
