August 13, 2019: LEO Token (LEO): Down 0.24%; 2nd Straight Down Day

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

At the time of this writing, LEO Token has a price of $1.262 USD, which puts it down by approximately 0.24% from yesterday. This marked the the 2nd consecutive day LEO Token has been down; it is still in a downtrend, and is currently 2.08% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. 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 LEO Token imply the currency may oscillate between $1.217151 and $1.360549, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.

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The currency’s market cap currently stands at $1,266 million US dollars.

Daily Engagement Metrics Update

Yesterday we did not see any transfers amongst holders of LEO Token. In terms of estimating the number of holders, over the past day the total number of wallets holding LEO Token has gone down by approximately 0. If we observe percentage growth in holders and transfers, we find that LEO Token ranks 9 out of the 54 Ethereum tokens we are tracking.

How are the Strong Holders of LEO Token Faring?

In terms of wealth concentration, the richest 1,000 wallets own 99.99% of the coin’s total money supply. If we focus on exchanges, which may be an correlated with liquidity and greater confidence in the currency, the exchange wallets that are in the top 1,000 wallets own 94.81% of the currency’s total money supply. Exchange ownership grew by 0.41% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0% over that time period.

The Latest on LEO Token and Social Media

In the past day, LEO Token’s Twitter followers, Facebook likes and Reddit subscribers went up by 83, 2 and 8, respectively. Traders interested in following LEO Token has the biggest presence on Twitter, where it has 506,886 users engaged. You can follow LEO Token on Twitter here.

Article by SixJupiter

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