Hydro Protocol Price Update
At the time of this writing, Hydro Protocol has a price of $0.007905 USD, which puts it up by approximately 36.84% from yesterday. Hydro Protocol enters the day 3.64% above its 20 day moving average, and is experiencing its the 2nd straight day up. Hydro Protocol’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 $0.005633 and $0.009622. Given its boundaries, rangebound traders may find it compelling to entertain selling, as we are nearer to the top of the range.
Where to trade Hydro Protocol (symbol: HOT): Gate, Yobit, Binance, DDEX, Ethfinex
As for Hydro Protocol’s market cap, it is currently at about $5M US dollars.
Hydro Protocol’s Surprises of the Day
Since yesterday, Hydro Protocol saw anomalous behavior in price. It may be worth looking into the causes of this a bit more.
Straight Off the Chain
Over the past 24 hours, 60 transfers have been added to the blockchain recording transactions amongst holders of Hydro Protocol. As for the number of holders, yesterday saw the number of wallets holding Hydro Protocol drop by 0. If we observe percentage growth in holders and transfers, we find that Hydro Protocol ranks 22 out of the 34 Ethereum tokens we are tracking.
Observing Hydro Protocol’s Richest Wallets
The top 1,000 Hydro Protocol wallets hold over 59.97% of the token’s total money supply. If we focus on exchanges, which may be an correlated with liquidity and greater confidence in the currency, the exchange wallets that are in the top 1,000 wallets own 14.69% of the currency’s total 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 0.95%. Hydro Protocol’s smart contract owns approximately 0% of its own total money supply. This amount hasn’t changed over the past week.
How Much Development is Occurring?
The last activity date on Hydro Protocol’s GitHub repository was August 06, 2019, or about 14 days ago. Over the past 30 days, we’ve seen open issues across Hydro Protocol’s GitHub repositories grow by 0.23 per day on average, while the number of watchers has grown by 0.1.
What’s Going on Social Media?
If you are interested in following Hydro Protocol on social media, Facebook, where it has 0 following it, may be a good place to start.
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
