How Did Huobi Token’s Price Fare Yesterday?
At the time of this writing, Huobi Token has a price of $3.732 USD, which puts it down by approximately 0.29% from yesterday. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 3.67% above its 20 day moving average, and is currently in a unclear trend over the past 14 days. To help contextualize yesterday’s price move, we can observe that price has rallied 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.
In terms of an expected trading range, the Bollinger bands on Huobi Token suggest price may bounce between $3.292133 and $3.907667 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.
The currency’s market cap currently stands at $845 million US dollars.
Update on Transactions and Holders
123 transactions amongst holders of Huobi Token occurred yesterday. Regarding a tally of holders, Yesterday saw Huobi Token’s wallet count increase by 8. To further our understanding of engagement we can observe the ratio of daily active users to monthly active users; that ratio now stands at 0.06, with 67 wallets making a transfer this past day and 1,081 wallets having made a transfer in the past month.
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. 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.
The Latest on Huobi Token and Social Media
In the past day, Huobi Token’s Twitter followers went up by 117, respectively. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. Here is the Twitter page for Huobi Token.
Article by SixJupiter
