Hydro Protocol: What’s the Latest Regarding its Price?
Hydro Protocol’s current price, at the time of this writing, is $0.003175 USD, down by approximately 1.4% from the day prior. This marked the the 4th day in a row Hydro Protocol has been down; it is still in a downtrend, and is currently 27.94% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on Hydro Protocol suggest price may bounce between $0.003203 and $0.005609 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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As for Hydro Protocol’s market cap, it is currently at about $141M US dollars.
Daily Engagement Metrics Update
Over the past 24 hours, no transfers have been added to the blockchain recording transactions amongst holders of Hydro Protocol. In terms of estimating the number of holders, over the past day the total number of wallets holding Hydro Protocol has gone down by approximately 0. To provide context, we’d rank this token as 20 out of the 35 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%. The percent of the currency that is owned by wallets that are both belonging to exchanges and in the top 1,000 richest wallets of the token comes out to 14.44% of the currency’s money supply. Exchange ownership grew by -0.01% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0% over that time period. Hydro Protocol’s smart contract owns approximately 0% of its own total money supply. This amount hasn’t changed over the past week.
How Active are the Software Developers?
In terms of how active the software development team working on Hydro Protocol is, it may be worth observing that the last time any work pertaining to code was done on their GitHub code repository was on October 22, 2019, or approximately 2 days before. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Hydro Protocol are growing by -0.13 and -0.07, respectively, over the past 30 days.
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
