Hydro Protocol: What’s the Latest Regarding its Price?
Hydro Protocol is down by approximately 21.81% from the previous day, with its price currently hovering around $0.007244 USD. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in an up trend, and is currently 3.48% 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 Hydro Protocol imply the currency may oscillate between $0.004585 and $0.010426, 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.
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.
Daily Engagement Metrics Update
Yesterday saw 23 transfers amongst holders of Hydro Protocol. In terms of estimating the number of holders, over the past day the total number of wallets holding Hydro Protocol has gone up by approximately 1. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Hydro Protocol ranked 20 out of the 31 Ethereum tokens we’re tracking.
How are the Strong Holders of Hydro Protocol Faring?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 59.97%. The percent of the currency that is owned by wallets that are both belonging to exchanges and in the top 1,000 richest wallets of the token comes out to 14.71% of the currency’s money supply. Exchange ownership grew by 0.02% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0% over that time period. The underlying smart contract itself for Hydro Protocol owns 0% of the total money supply; over the past week, this amount has not changed.
Technical Development Status
Hydro Protocol hasn’t had any activity on any of its GitHub repos since August 21, 2019 — 6 days prior. To understand how code development is progressing, we can observe growth rates over the past 30 days in the number of open issues and the number of watchers: open issuers have been growing at about 0.17 per day, while the number of followers watching Hydro Protocol’s repositories is growing by 0.07.
The Latest on Hydro Protocol and 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
