Huobi Token: What’s the Latest Regarding its Price?
Huobi Token is up by approximately 0.42% from the previous day, with its price currently hovering around $3.831 USD. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a unclear trend, and is currently 3.8% above its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. To help contextualize yesterday’s price move, we can observe that price has rallied 18 of the past 30 days. And in terms of volume, yesterday’s price move ocurred on volume that was 60.38% less than its 7 day average volume.
In terms of an expected trading range, the Bollinger bands on Huobi Token suggest price may bounce between $3.468347 and $3.912853 based on its momentum and volatility over the past 14 days. Given its boundaries, rangebound traders may find it compelling to entertain selling, as we are nearer to the top of the range.
As for Huobi Token’s market cap, it is currently at about $848M US dollars.
Update on Transactions and Holders
Over the past 24 hours, 78 transfers have been added to the blockchain recording transactions amongst holders of Huobi Token. In terms of estimating the number of holders, over the past day the total number of wallets holding Huobi Token has gone up by approximately 2. In terms of recurring usage, we can note that 1,017 wallets have sent or received coins in the past month, while 63 have in the past day.
Just How Rich are Huobi Token’s Richest Holders?
And in regards to wealth distribution, note that the top 1,000 Huobi Token wallets hold over 134.28% of the token’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. Huobi Token’s smart contract owns approximately 0% of its own total money supply. This amount hasn’t changed over the past week.
What’s Going on Social Media?
In the past day, Huobi Token’s Twitter followers went up by 28, respectively. If you are interested in following Huobi Token on social media, Twitter, where it has 152,743 following it, may be a good place to start. Use this link to follow Huobi Token on Twitter.
Article by SixJupiter
