April 14, 2020: Huobi Token (HT): Up 0.38%

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Huobi Token: What’s the Latest Regarding its Price?

Huobi Token’s current price, at the time of this writing, is $3.737 USD, up by approximately 0.38% from the day prior. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in an up trend, and is currently 4.28% above its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. From another vantage point, note that price has gone up 3 of the past 5 days. Another data point we may find worthy of observation is that price for Huobi Token has increased 3 of the previous 5 days.

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 Huobi Token imply the currency may oscillate between $3.223718 and $3.943282, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain shorting, as we are nearer to the top of the range.

As for Huobi Token’s market cap, it is currently at about $841M US dollars.

Straight Off the Chain

Yesterday saw 157 transfers amongst holders of Huobi Token. As for the number of holders, yesterday saw the number of wallets holding Huobi Token drop by 5. In terms of recurring usage, we can note that 1,095 wallets have sent or received coins in the past month, while 102 have in the past day.

How are the Strong Holders of Huobi Token Faring?

In terms of wealth concentration, the richest 1,000 wallets own 133.55% of the coin’s total money supply. Incidentally, this value exceeds 100% because many owners are not yet able to sell (due to contractual provisions), and our supply metric only observes liquid supply. As for the Huobi Token’s smart contract itself, that owns 0% of the total money supply, an amount unchanged from the week prior.

Huobi Token’s Social Media Presence

In terms of social media presence, Huobi Token saw its Twitter followers go up by 142 over the past 24 hours. If you are interested in following Huobi Token on social media, Twitter, where it has 152,407 following it, may be a good place to start. You can follow Huobi Token on Twitter here.

Article by SixJupiter

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