How Did Hydro Protocol’s Price Fare Yesterday?
Hydro Protocol’s current price, at the time of this writing, is $0.008 USD, down by approximately 15.5% from the day prior. The down day for Hydro Protocol yesterday was a reversal from the day before it, which puts its price at 4.44% below its 20 day moving average. Over the past two weeks, price has been in an up 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 $0.003324 and $0.013419. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
Where to trade Hydro Protocol (symbol: HOT): Gate, Yobit, Binance, DDEX, Ethfinex
As for Hydro Protocol’s market cap, it is currently at about $6M US dollars.
Daily Engagement Metrics Update
Over the past 24 hours, 87 transfers have been added to the blockchain recording transactions amongst holders of Hydro Protocol. Regarding a tally of holders, Yesterday saw Hydro Protocol’s wallet count jump by 2. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Hydro Protocol ranked 37 out of the 37 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 13.65% 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 -0.28%. As for the Hydro Protocol’s smart contract itself, that owns 0% of the total money supply, an amount unchanged from the week prior.
How Active are the Software Developers?
The last activity date on Hydro Protocol’s GitHub repository was August 06, 2019, or about 1 days ago. 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 0.2 per day, while the number of followers watching Hydro Protocol’s repositories is growing by 0.17.
Hydro Protocol’s Social Media Presence
Facebook appears to be the most popular place to follow the company, and thus may be worth monitoring.
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
