Huobi Token Price Update
Huobi Token is up by approximately 1.64% from the previous day, with its price currently hovering around $3.591 USD. Huobi Token is currently in a unclear , and it should be noted that this is now the the 6th day in a row that price has been up. Moreover, Huobi Token is now 9.29% above its 20 day moving average. From another vantage point, note that price has gone up 5 of the past 5 days. Another data point we may find worthy of observation is that price for Huobi Token has increased 5 of the previous 5 days.
In terms of an expected trading range, the Bollinger bands on Huobi Token suggest price may bounce between $3.007805 and $3.563695 based on its momentum and volatility over the past 14 days. Price’s current proximity to the top of the range may make shorting an attractive opportunity to traders interested in trading the range.
As for Huobi Token’s market cap, it is currently at about $813M US dollars.
Daily Engagement Metrics Update
149 transactions amongst holders of Huobi Token occurred yesterday. Regarding a tally of holders, Yesterday saw Huobi Token’s wallet count rise by 6. To further our understanding of engagement we can observe the ratio of daily active users to monthly active users; that ratio now stands at 0.04, with 66 wallets making a transfer this past day and 1,660 wallets having made a transfer in the past month.
Just How Rich are Huobi Token’s Richest Holders?
As for wealth distribution, the richest 1,000 wallets currently own 133.55% of the money supply. This number is greater than 100% because many of the token holders are not able to sell them yet, and thus their numbers are not included in the supply yet, though they can be regarded as future sellers when they are able to sell. As for the Huobi Token’s smart contract itself, that owns 0% of the total money supply, an amount unchanged from the week prior.
What’s Going on Social Media?
Social media growth, in terms of Twitter followers, came in at up 84 over the past day for Huobi Token. If you are interested in following Huobi Token on social media, Twitter, where it has 151,115 following it, may be a good place to start. Here is the Twitter page for Huobi Token.
Article by SixJupiter
