How Did Hydro Protocol’s Price Fare Yesterday?
Hydro Protocol is down by approximately 6.25% from the previous day, with its price currently hovering around $0.0075 USD. Hydro Protocol enters the day 11.04% below its 20 day moving average, and is experiencing its the 2nd straight day down. 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 $0.003485 and $0.013376. 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
As for Hydro Protocol’s market cap, it is currently at about $5M US dollars.
Update on Transactions and Holders
Yesterday saw 85 transfers amongst holders of Hydro Protocol. As for the number of holders, yesterday saw the number of wallets holding Hydro Protocol jump by 3. To provide context, we’d rank this token as 3.5 out of the 36 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Observing Hydro Protocol’s Richest Wallets
The top 1,000 Hydro Protocol wallets hold over 59.97% of the token’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 13.62% 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 -0.31%. The underlying smart contract itself for Hydro Protocol owns 0% of the total money supply; over the past week, this amount has not changed.
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 06, 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 0.2 and 0.17, respectively, over the past 30 days.
The Latest on Hydro Protocol and Social Media
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
