August 13, 2019: Hydro Protocol (HOT): Up 10.99%; 2nd Consecutive Up Day

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Hydro Protocol: What’s the Latest Regarding its Price?

Hydro Protocol’s current price, at the time of this writing, is $0.008879 USD, up by approximately 10.99% from the day prior. Hydro Protocol enters the day 10.99% above its 20 day moving average, and is experiencing its the 2nd consecutive day up. Hydro Protocol’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 $0.006343 and $0.009657. Price’s current proximity to the top of the range may make selling an attractive opportunity to traders interested in trading the range.

Where to trade Hydro Protocol (symbol: HOT): Gate, Yobit, Binance, DDEX, Ethfinex

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As for Hydro Protocol’s market cap, it is currently at about $6M US dollars.

Update on Transactions and Holders

Yesterday we did not see any transfers amongst holders of Hydro Protocol. In terms of estimating the number of holders, over the past day the total number of wallets holding Hydro Protocol has gone down by approximately 0. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Hydro Protocol ranked 18 out of the 54 Ethereum tokens we’re tracking.

Just How Rich are Hydro Protocol’s Richest Holders?

In terms of wealth concentration, the richest 1,000 wallets own 59.97% of the coin’s total money supply. The percent of the currency that is owned by wallets that are both belonging to exchanges and in the top 1,000 richest wallets of the token comes out to 13.74% of the currency’s money supply. Exchange ownership grew by 0.06% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0% over that time period. Hydro Protocol’s smart contract owns approximately 0% of its own total money supply. This amount hasn’t changed over the past week.

Technical Development Status

In terms of how active the software development team working on Hydro Protocol is, it may be worth observing that the last time any work pertaining to code was done on their GitHub code repository was on August 06, 2019, or approximately 7 days before. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Hydro Protocol are growing by 0.2 and 0.1, respectively, over the past 30 days.

Hydro Protocol’s Social Media Presence

Facebook appears to be the most popular place to follow the company, and thus may be worth monitoring.

Where to Buy

You can trade Hydro Protocol, listed under the symbol HOT, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex.

Article by SixJupiter

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