August 4, 2019: Hydro Protocol (HOT): Up 53.77%; Unusual Moves In Price And Transfers Added

January 24, 2020: Hydro Protocol (hot): Down 33.83%; Surprising Moves In Price; Price Crosses 20 Day Average
January 24, 2020: Hydro Protocol (hot): Down 33.83%; Surprising Moves In Price; Price Crosses 20 Day Average
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Hydro Protocol: What’s the Latest Regarding its Price?

Hydro Protocol’s current price, at the time of this writing, is $0.01282 USD, up by approximately 53.77% from the day prior. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 68.64% above its 20 day moving average, and is currently in an up trend over the past 14 days. In terms of an expected trading range, the Bollinger bands on Hydro Protocol suggest price may bounce between $0.003994 and $0.01121 based on its momentum and volatility over the past 14 days. Given its boundaries, rangebound traders may find it compelling to entertain selling, as we are nearer to the top of the range.

Where to trade Hydro Protocol (symbol: HOT): Gate, Yobit, Binance, DDEX, Ethfinex

August 4, 2019: Hydro Protocol (hot): Up 53.77%; Unusual Moves In Price And Transfers Added

As for Hydro Protocol’s market cap, it is currently at about $9M US dollars.

Hydro Protocol’s Surprises of the Day

Yesterday, the metrics price and transfers added saw a daily change well outside what is usually experienced. An exploration as to what caused this may be worthwhile.

Straight Off the Chain

Yesterday saw 53,498 transfers amongst holders of Hydro Protocol. Regarding a tally of holders, Yesterday saw Hydro Protocol’s wallet count jump by 2. If we observe percentage growth in holders and transfers, we find that Hydro Protocol ranks 35 out of the 36 Ethereum tokens we are tracking.

Observing Hydro Protocol’s Richest Wallets

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 13.77% of the currency’s money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by 0% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0%. Hydro Protocol’s smart contract owns approximately 0% of its own total money supply. This amount hasn’t changed over the past week.

How Active are the Software Developers?

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 02, 2019, or approximately 2 days before. 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 0.13, respectively, over the past 30 days.

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. August 4, 2019: Hydro Protocol (hot): Up 53.77%; Unusual Moves In Price And Transfers Added

Article by SixJupiter