December 27, 2019: Hydro Protocol (HOT): Down 3.52%; 5th Consecutive Down Day

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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How Did Hydro Protocol’s Price Fare Yesterday?

Hydro Protocol’s current price, at the time of this writing, is $0.001863 USD, down by approximately 3.52% from the day prior. Hydro Protocol enters the day 16% below its 20 day moving average, and is experiencing its the 5th day in a row down. In terms of an expected trading range, the Bollinger bands on Hydro Protocol suggest price may bounce between $0.001718 and $0.002717 based on its momentum and volatility over the past 14 days. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.

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December 27, 2019: Hydro Protocol (hot): Down 3.52%; 5th Consecutive Down Day

As for Hydro Protocol’s market cap, it is currently at about $103M US dollars.

Daily Engagement Metrics Update

2 transactions amongst holders of Hydro Protocol occurred yesterday. Regarding a tally of holders, Yesterday saw Hydro Protocol’s wallet count increase by 1. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Hydro Protocol ranked 27 out of the 32 Ethereum tokens we’re tracking.

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 14.49% of the currency’s total money supply. Exchange ownership grew by -0.01% 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.

Technical Development Status

The last activity date on Hydro Protocol’s GitHub repository was December 23, 2019, or about 4 days ago. Over the past 30 days, we’ve seen open issues across Hydro Protocol’s GitHub repositories grow by -0.07 per day on average, while the number of watchers has grown by -0.1.

What’s Going on 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. December 27, 2019: Hydro Protocol (hot): Down 3.52%; 5th Consecutive Down Day

Article by SixJupiter