August 17, 2019: Qubitica (QBIT): Up 0.22%; Unusual Moves In Transfers Added

September 24, 2019: Qubitica (qbit): Down 4.73%; 4th Straight Down Day
September 24, 2019: Qubitica (qbit): Down 4.73%; 4th Straight Down Day
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Qubitica: What’s the Latest Regarding its Price?

Qubitica’s current price, at the time of this writing, is $36.16 USD, up by approximately 0.22% from the day prior. 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 12.03% 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 $34.47236 and $47.73464. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.

August 17, 2019: Qubitica (qbit): Up 0.22%; Unusual Moves In Transfers Added

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 $75 million.

What Anamolies Occurred Since Yesterday?

Yesterday, the metrics transfers added saw a daily change well outside what is usually experienced. An exploration as to what caused this may be worthwhile.

Daily Engagement Metrics Update

Yesterday saw 363 transfers amongst holders of Qubitica. As for the number of holders, yesterday saw the number of wallets holding Qubitica rise by 2. To provide context, we’d rank this token as 3 out of the 34 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.

How are the Strong Holders of Qubitica Faring?

In terms of wealth concentration, the richest 1,000 wallets own 99.76% of the coin’s total money supply.

How Active are the Software Developers?

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 August 16, 2019, or approximately 1 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?

If you are interested in following Qubitica on social media, Twitter, where it has 1,847 following it, may be a good place to start. You can follow Qubitica on Twitter here. August 17, 2019: Qubitica (qbit): Up 0.22%; Unusual Moves In Transfers Added

Article by SixJupiter