Huobi Token Price Update
At the time of this writing, Huobi Token has a price of $2.883 USD, which puts it up by approximately 2.38% from yesterday. The up day for Huobi Token yesterday was a reversal from the day before it, which puts its price at 29.85% below its 20 day moving average. Over the past two weeks, price has been in a down trend. From another vantage point, note that price has gone up 6 of the past 14 days. And in terms of volume, yesterday’s price move ocurred on volume that was 61.55% less than its 7 day average volume.
As for Huobi Token’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 $2.432746 and $5.787054. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
As for Huobi Token’s market cap, it is currently at about $650M US dollars.
Update on Transactions and Holders
NA transactions amongst holders of Huobi Token occurred yesterday. Regarding a tally of holders, Yesterday saw Huobi Token’s wallet count NA by NA. To understand loyalty or repeat usage amongst holders of Huobi Token, we can note that there were 119 wallets making a transaction yesterday, while 3,281 wallets have sent or received tokens in the past month; this imputes a daily active wallet to monthly active wallet ratio of about 0.04.
How are the Strong Holders of Huobi Token Faring?
In terms of wealth concentration, the richest 1,000 wallets own 134.72% of the coin’s total money supply. Ownership exceeding 100% is due to the fact that our supply metric is focused just on available supply, and some large owners of Huobi Token have ownership they cannot sell at this time — but may be able to in the future. The underlying smart contract itself for Huobi Token owns 0% of the total money supply; over the past week, this amount has not changed.
Huobi Token’s Social Media Presence
Social media growth, in terms of Twitter followers, came in at up 491 over the past day for Huobi Token. If you are interested in following Huobi Token on social media, Twitter, where it has 143,941 following it, may be a good place to start. Use this link to follow Huobi Token on Twitter.
Article by SixJupiter
