How Did Hydro Protocol’s Price Fare Yesterday?
Hydro Protocol’s current price, at the time of this writing, is $0.008234 USD, up by approximately 0.01% from the day prior. This marked the the 3rd straight day Hydro Protocol has been up; it is still in a unclear trend, and is currently 8.58% above 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 $0.005549 and $0.009618 based on its momentum and volatility over the past 14 days. As we are closer to the top of that range, rangebound traders may wish to consider exploring shorting opportunities.
Where to trade Hydro Protocol (symbol: HOT): Gate, Yobit, Binance, DDEX, Ethfinex
The market capitalization of Hydro Protocol, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $6 million.
Update on Transactions and Holders
Over the past 24 hours, 93 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 rise by 2. If we observe percentage growth in holders and transfers, we find that Hydro Protocol ranks 20 out of the 33 Ethereum tokens we are tracking.
How are the Strong Holders of Hydro Protocol Faring?
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. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by 0%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.04%. The underlying smart contract itself for Hydro Protocol owns 0% of the total money supply; over the past week, this amount has not changed.
How Active are the Software Developers?
Hydro Protocol hasn’t had any activity on any of its GitHub repos since August 06, 2019 — 15 days prior. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Hydro Protocol are growing by 0.23 and 0.1, respectively, over the past 30 days.
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
