Status Network Token: What’s the Latest Regarding its Price?
Status Network Token is down by approximately 2.69% from the previous day, with its price currently hovering around $0.01774 USD. This marked the the 3rd straight day Status Network Token has been down; it is still in a unclear trend, and is currently 5.43% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. Status Network Token’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 $0.017639 and $0.019878. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
The currency’s market cap currently stands at $63 million US dollars.
Daily Engagement Metrics Update
Over the past 24 hours, 155 transfers have been added to the blockchain recording transactions amongst holders of Status Network Token. As for the number of holders, yesterday saw the number of wallets holding Status Network Token increase by 9. To provide context, we’d rank this token as 23 out of the 31 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Just How Rich are Status Network Token’s Richest Holders?
In terms of wealth concentration, the richest 1,000 wallets own 96.22% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 12.36% 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 0.01%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.13%.
How Much Development is Occurring?
In terms of how active the software development team working on Status Network Token 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 18, 2019, or approximately 9 days before. 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 -0.03 per day, while the number of followers watching Status Network Token’s repositories is growing by 0.
Status Network Token’s Social Media Presence
Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. You can follow Status Network Token on Twitter here.
Article by SixJupiter
