December 17, 2019: Hydro Protocol (HOT): Down 0.5%; Price Crosses 20 Day Average

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 Price Update

At the time of this writing, Hydro Protocol has a price of $0.002572 USD, which puts it down by approximately 0.5% from yesterday. The down day for Hydro Protocol yesterday was a reversal from the day before it, which puts its price at 0.52% above its 20 day moving average. Over the past two weeks, price has been in a unclear 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 $0.002399 and $0.002719. As we are closer to the top of that range, rangebound traders may wish to consider exploring selling opportunities.

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December 17, 2019: Hydro Protocol (hot): Down 0.5%; Price Crosses 20 Day Average

The currency’s market cap currently stands at $104 million US dollars.

Update on Transactions and Holders

15 transactions amongst holders of Hydro Protocol occurred yesterday. Regarding a tally of holders, Yesterday saw Hydro Protocol’s wallet count jump by 3. To provide context, we’d rank this token as 29 out of the 32 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.

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%. If we focus on exchanges, which may be an correlated with liquidity and greater confidence in the currency, the exchange wallets that are in the top 1,000 wallets own 14.53% of the currency’s total money supply. Exchange ownership grew by -0.03% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0% over that time period. 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?

Hydro Protocol hasn’t had any activity on any of its GitHub repos since December 16, 2019 — 1 days prior. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Hydro Protocol are growing by -0.33 and -0.2, respectively, over the past 30 days.

What’s Going on 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. December 17, 2019: Hydro Protocol (hot): Down 0.5%; Price Crosses 20 Day Average

Article by SixJupiter