August 18, 2019: Qubitica (QBIT): Up 0.64%; Anomalies In Holders 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 Price Update

At the time of this writing, Qubitica has a price of $36.14 USD, which puts it up by approximately 0.64% from yesterday. The up day for Qubitica yesterday was a reversal from the day before it, which puts its price at 11.66% below its 20 day moving average. Over the past two weeks, price has been in a down trend. Traders looking for a range to trade within may wish to note that the Bollinger bands (a price indicator based on recent momentum and volatility) for Qubitica imply the currency may oscillate between $34.0029 and $47.8181, based on how price has behaved in the two weeks prior. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.

August 18, 2019: Qubitica (qbit): Up 0.64%; Anomalies In Holders Added

The currency’s market cap currently stands at $75 million US dollars.

Unusual Developments

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.

Daily Engagement Metrics Update

Yesterday saw 250 transfers amongst holders of Qubitica. In terms of estimating the number of holders, over the past day the total number of wallets holding Qubitica has gone up by approximately 7. If we observe percentage growth in holders and transfers, we find that Qubitica ranks 3 out of the 34 Ethereum tokens we are tracking.

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 Much Development is Occurring?

Qubitica hasn’t had any activity on any of its GitHub repos since August 16, 2019 — 2 days prior. 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.

Qubitica’s Social Media Presence

If you are interested in following Qubitica on social media, Twitter, where it has 1,841 following it, may be a good place to start. Use this link to follow Qubitica on Twitter. August 18, 2019: Qubitica (qbit): Up 0.64%; Anomalies In Holders Added

Article by SixJupiter