August 13, 2019: Status Network Token (SNT): Down 0.4%

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How Did Status Network Token’s Price Fare Yesterday?

At the time of this writing, Status Network Token has a price of $0.02008 USD, which puts it down by approximately 0.4% from yesterday. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a down trend, and is currently 1.66% 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 Status Network Token imply the currency may oscillate between $0.01942 and $0.021417, based on how price has behaved in the two weeks prior. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.

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The market capitalization of Status Network Token, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $70 million.

Update on Transactions and Holders

Yesterday we did not see any transfers amongst holders of Status Network Token. As for the number of holders, yesterday saw the number of wallets holding Status Network Token drop by 0. If we observe percentage growth in holders and transfers, we find that Status Network Token ranks 19 out of the 54 Ethereum tokens we are tracking.

Observing Status Network Token’s Richest Wallets

Of the coin’s total money supply, the richest 1,0000 wallets currently own 95.81%. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 12.02% of the currency’s money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by 0.18%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 2.45%.

Technical Development Status

In terms of how active the software development team working on Status Network Token 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 12, 2019, or approximately 1 days before. To understand how code development is progressing, we can observe growth rates over the past 30 days in the number of open issues and the number of watchers: open issuers have been growing at about 0.03 per day, while the number of followers watching Status Network Token’s repositories is growing by 0.07.

What’s Going on Social Media?

In the past day, Status Network Token’s Twitter followers went up by 3, respectively. Traders interested in following Status Network Token has the biggest presence on Twitter, where it has 111,602 users engaged. You can follow Status Network Token on Twitter here.

Article by SixJupiter

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