August 22, 2019: Qubitica (QBIT): Down 4.25%; Surprising Moves 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
.

How Did Qubitica’s Price Fare Yesterday?

Qubitica is down by approximately 4.25% from the previous day, with its price currently hovering around $36.49 USD. This marked the the 2nd straight day Qubitica has been down; it is still in a downtrend, and is currently 9.33% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. 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 $35.17771 and $45.31129, 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 22, 2019: Qubitica (qbit): Down 4.25%; Surprising Moves In Holders Added

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 $80 million.

What Anamolies Occurred Since Yesterday?

Since yesterday, Qubitica saw anomalous behavior in holders added. It may be worth looking into the causes of this a bit more.

Daily Engagement Metrics Update

Yesterday saw 31 transfers amongst holders of Qubitica. As for the number of holders, yesterday saw the number of wallets holding Qubitica jump by 9. To provide context, we’d rank this token as 2 out of the 34 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.

Observing Qubitica’s Richest Wallets

The top 1,000 Qubitica wallets hold over 99.76% of the token’s total money supply.

What’s Going on Social Media?

In the past day, Qubitica’s Twitter followers went up by 2, respectively. If you are interested in following Qubitica on social media, Twitter, where it has 1,617 following it, may be a good place to start. Use this link to follow Qubitica on Twitter. August 22, 2019: Qubitica (qbit): Down 4.25%; Surprising Moves In Holders Added

Article by SixJupiter