How Did Qubitica’s Price Fare Yesterday?
Qubitica is down by approximately 3.54% from the previous day, with its price currently hovering around $35.39 USD. 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 14.32% 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 $34.84168 and $47.77032. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
The market capitalization of Qubitica, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $76 million.
Unusual Developments
The following metrics showed unusual change over the past 24 hours for Qubitica: transfers added. Further investigation may be warranted.
Daily Engagement Metrics Update
303 transactions amongst holders of Qubitica occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding Qubitica has gone up by approximately 2. If we observe percentage growth in holders and transfers, we find that Qubitica ranks 3 out of the 35 Ethereum tokens we are tracking.
How are the Strong Holders of Qubitica Faring?
The top 1,000 Qubitica wallets hold over 99.74% of the token’s total money supply.
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 123 days before. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Qubitica were completely flat over the past 30 days; in other words, there has been no development work reported on GitHub over the past month.
What’s Going on Social Media?
Traders interested in following Qubitica has the biggest presence on Twitter, where it has 1,875 users engaged. Use this link to follow Qubitica on Twitter.
Article by SixJupiter
