Huobi Token Price Update
Huobi Token is up by approximately 2.82% from the previous day, with its price currently hovering around $3.532 USD. Huobi Token is currently in a unclear , and it should be noted that this is now the the 5th day in a row that price has been up. Moreover, Huobi Token is now 8.37% above its 20 day moving average. Another data point we may find worthy of observation is that price for Huobi Token has increased 17 of the previous 30 days. Another data point we may find worthy of observation is that price for Huobi Token has increased 17 of the previous 30 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 $3.017372 and $3.501128, based on how price has behaved in the two weeks prior. Price’s current proximity to the top of the range may make selling an attractive opportunity to traders interested in trading the range.
As for Huobi Token’s market cap, it is currently at about $799M US dollars.
Straight Off the Chain
Yesterday saw 210 transfers amongst holders of Huobi Token. Regarding a tally of holders, Yesterday saw Huobi Token’s wallet count rise by 17. To understand loyalty or repeat usage amongst holders of Huobi Token, we can note that there were 77 wallets making a transaction yesterday, while 1,733 wallets have sent or received tokens in the past month; this imputes a daily active wallet to monthly active wallet ratio of about 0.04.
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. 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. 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 271 over the past 24 hours. Traders interested in following Huobi Token has the biggest presence on Twitter, where it has 151,031 users engaged. Use this link to follow Huobi Token on Twitter.
Article by SixJupiter
