How Did Qubitica’s Price Fare Yesterday?
Qubitica’s current price, at the time of this writing, is $38.84 USD, up by approximately 7.47% from the day prior. The up day for Qubitica yesterday was a reversal from the day before it, which puts its price at 4.66% below its 20 day moving average. Over the past two weeks, price has been in a down trend. 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 $34.65153 and $46.82147. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
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 $79 million.
Unusual Developments
Since yesterday, Qubitica saw anomalous behavior in holders added. It may be worth looking into the causes of this a bit more.
Update on Transactions and Holders
Over the past 24 hours, 234 transfers have been added to the blockchain recording transactions 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 8. 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?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 99.76%.
Technical Development Status
The last activity date on Qubitica’s GitHub repository was August 16, 2019, or about 3 days ago. To understand how code development is progressing, we observed the growth rates in the number of open issues and the number of users following Qubitica on GitHub; we found no growth in both of those metrics over the past 30 days, suggesting code is either being maintained elsewhere or code development as stopped.
Qubitica’s Social Media Presence
In terms of social media presence, Qubitica saw its Twitter followers go up by 11 over the past 24 hours. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. Here is the Twitter page for Qubitica.
Article by SixJupiter
