Hydro Protocol Price Update
Hydro Protocol’s current price, at the time of this writing, is $0.00917 USD, down by approximately 1.08% from the day prior. The down day for Hydro Protocol yesterday was a reversal from the day before it, which puts its price at 20.27% above its 20 day moving average. Over the past two weeks, price has been in a unclear trend. 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 $0.005119 and $0.010129. Given its boundaries, rangebound traders may find it compelling to entertain shorting, as we are nearer to the top of the range.
Where to trade Hydro Protocol (symbol: HOT): Gate, Yobit, Binance, DDEX, Ethfinex
The currency’s market cap currently stands at $6 million US dollars.
Straight Off the Chain
Yesterday saw 55 transfers amongst holders of Hydro Protocol. As for the number of holders, yesterday saw the number of wallets holding Hydro Protocol increase by 2. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Hydro Protocol ranked 21 out of the 31 Ethereum tokens we’re tracking.
How are the Strong Holders of Hydro Protocol Faring?
In terms of wealth concentration, the richest 1,000 wallets own 59.97% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 14.71% of the currency’s 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 0.02%. Hydro Protocol’s smart contract owns approximately 0% of its own total money supply. This amount hasn’t changed over the past week.
Technical Development Status
In terms of how active the software development team working on Hydro Protocol is, it may be worth observing that the last time any work pertaining to code was done on their GitHub code repository was on August 21, 2019, or approximately 3 days before. 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 0.07.
What’s Going on Social Media?
Traders interested in following Hydro Protocol has the biggest presence on Facebook, where it has 0 users engaged.
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
