December 20, 2019: Hydro Protocol (HOT): Down 0.77%; 2nd Consecutive Down Day

January 24, 2020: Hydro Protocol (hot): Down 33.83%; Surprising Moves In Price; Price Crosses 20 Day Average
January 24, 2020: Hydro Protocol (hot): Down 33.83%; Surprising Moves In Price; Price Crosses 20 Day Average
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Hydro Protocol: What’s the Latest Regarding its Price?

Hydro Protocol is down by approximately 0.77% from the previous day, with its price currently hovering around $0.001925 USD. Hydro Protocol is currently in a down, and it should be noted that this is now the the 2nd consecutive day that price has been down. Moreover, Hydro Protocol is now 20.1% below its 20 day moving average. Traders looking for a range to trade within may wish to note that the Bollinger bands (a price indicator based on recent momentum and volatility) for Hydro Protocol imply the currency may oscillate between $0.00185 and $0.002969, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.

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December 20, 2019: Hydro Protocol (hot): Down 0.77%; 2nd Consecutive Down Day

As for Hydro Protocol’s market cap, it is currently at about $105M 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. Regarding a tally of holders, Yesterday saw Hydro Protocol’s wallet count fall by 0. To provide context, we’d rank this token as 27 out of the 30 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.

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. 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 14.5% of the currency’s 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 -0.07%. Hydro Protocol’s smart contract owns approximately 0% of its own total money supply. This amount hasn’t changed over the past week.

Technical Development Status

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 December 18, 2019, or approximately 2 days before. Over the past 30 days, we’ve seen open issues across Hydro Protocol’s GitHub repositories grow by -0.13 per day on average, while the number of watchers has grown by -0.2.

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. December 20, 2019: Hydro Protocol (hot): Down 0.77%; 2nd Consecutive Down Day

Article by SixJupiter