Huobi Token Price Update
Huobi Token’s current price, at the time of this writing, is $3.667 USD, down by approximately 5.93% from the day prior. Huobi Token enters the day 4.56% above its 20 day moving average, but is experiencing its the 2nd day in a row down. To help contextualize yesterday’s price move, we can observe that price has rallied 18 of the past 30 days. Another data point we may find worthy of observation is that price for Huobi Token has increased 18 of the previous 30 days.
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 $2.917363 and $4.096537. 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 $827M US dollars.
Straight Off the Chain
Over the past 24 hours, 160 transfers have been added to the blockchain recording transactions amongst holders of Huobi Token. As for the number of holders, yesterday saw the number of wallets holding Huobi Token increase by 2. In terms of recurring usage, we can note that 1,324 wallets have sent or received coins in the past month, while 70 have in the past day.
Just How Rich are Huobi Token’s Richest Holders?
In terms of wealth concentration, the richest 1,000 wallets own 133.55% of the coin’s total 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. The underlying smart contract itself for Huobi Token owns 0% of the total money supply; over the past week, this amount has not changed.
The Latest on Huobi Token and Social Media
In terms of social media presence, Huobi Token saw its Twitter followers go up by 110 over the past 24 hours. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. You can follow Huobi Token on Twitter here.
Article by SixJupiter
