August 14, 2019: Qubitica (QBIT): Down 0.42%; Anomalies In Transfers Added


Qubitica: What’s the Latest Regarding its Price?

Qubitica is down by approximately 0.42% from the previous day, with its price currently hovering around $40.4 USD. This marked the the 3rd day in a row Qubitica has been down; it is still in a downtrend, and is currently 4.71% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. Qubitica’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 $38.91481 and $45.87519. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.

As for Qubitica’s market cap, it is currently at about $85M US dollars.

What Anamolies Occurred Since Yesterday?

Since yesterday, Qubitica saw anomalous behavior in transfers added. It may be worth looking into the causes of this a bit more.

Update on Transactions and Holders

Yesterday saw 513 transfers amongst holders of Qubitica. As for the number of holders, yesterday saw the number of wallets holding Qubitica drop by 0. If we observe percentage growth in holders and transfers, we find that Qubitica ranks 2 out of the 35 Ethereum tokens we are tracking.

How are the Strong Holders of Qubitica Faring?

Of the coin’s total money supply, the richest 1,0000 wallets currently own 99.64%.

How Much Development is Occurring?

In terms of how active the software development team working on Qubitica is, it may be worth observing that the last time any work pertaining to code was done on their GitHub code repository was on April 15, 2019, or approximately 121 days before. Over the past 30 days, we’ve seen no growth in open issues or in the number of watchers on GitHub. This may suggest GitHub is not being used, or the code is not being maintained.

What’s Going on Social Media?

In the past day, Qubitica’s Twitter followers went up by 73, respectively. Traders interested in following Qubitica has the biggest presence on Twitter, where it has 1,875 users engaged. Here is the Twitter page for Qubitica.

Article by SixJupiter

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