Hydro Protocol Price Update
Hydro Protocol is down by approximately 7.51% from the previous day, with its price currently hovering around $0.0065 USD. This marked the the 2nd straight day Hydro Protocol has been down; it is still in a downtrend, and is currently 23.66% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on Hydro Protocol suggest price may bounce between $0.004186 and $0.012843 based on its momentum and volatility over the past 14 days. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
Where to trade Hydro Protocol (symbol: HOT): Gate, Yobit, Binance, DDEX, Ethfinex
The currency’s market cap currently stands at $5 million US dollars.
Hydro Protocol’s Surprises of the Day
Yesterday, the metrics holders added saw a daily change well outside what is usually experienced. An exploration as to what caused this may be worthwhile.
Straight Off the Chain
91 transactions amongst holders of Hydro Protocol occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Hydro Protocol rise by 27. If we observe percentage growth in holders and transfers, we find that Hydro Protocol ranks 19 out of the 35 Ethereum tokens we are tracking.
How are the Strong Holders of Hydro Protocol Faring?
The top 1,000 Hydro Protocol wallets hold over 59.97% of the token’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 14.68% of the currency’s money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by 0% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 1.06%. 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
The last activity date on Hydro Protocol’s GitHub repository was August 06, 2019, or about 9 days ago. Over the past 30 days, we’ve seen open issues across Hydro Protocol’s GitHub repositories grow by 0.2 per day on average, while the number of watchers has grown by 0.1.
The Latest on Hydro Protocol and Social Media
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
