How Did Hydro Protocol’s Price Fare Yesterday?
Hydro Protocol’s current price, at the time of this writing, is $0.00552 USD, up by approximately 0.02% 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 25.04% 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 $0.005345 and $0.009382 based on its momentum and volatility over the past 14 days. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading 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.
Daily Engagement Metrics Update
25 transactions amongst holders of Hydro Protocol occurred yesterday. Regarding a tally of holders, Yesterday saw Hydro Protocol’s wallet count jump by 1. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Hydro Protocol ranked 25 out of the 34 Ethereum tokens we’re tracking.
Just How Rich are Hydro Protocol’s Richest Holders?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 59.97%. 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 14.67% 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 1.14%. The underlying smart contract itself for Hydro Protocol owns 0% of the total money supply; over the past week, this amount has not changed.
Technical Development Status
In terms of how active the software development team working on Hydro Protocol 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 06, 2019, or approximately 12 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 0.23 per day, while the number of followers watching Hydro Protocol’s repositories is growing by 0.1.
Hydro Protocol’s Social Media Presence
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
