December 6, 2019: Hydro Protocol (HOT): Up 2.82%

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?

At the time of this writing, Hydro Protocol has a price of $0.002586 USD, which puts it up by approximately 2.82% from yesterday. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a down trend, and is currently 26.78% below its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. 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 $0.002302 and $0.004762. 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 6, 2019: Hydro Protocol (hot): Up 2.82%

As for Hydro Protocol’s market cap, it is currently at about $120M US dollars.

Straight Off the Chain

10 transactions amongst holders of Hydro Protocol occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding Hydro Protocol has gone down by approximately 0. To provide context, we’d rank this token as 29 out of the 34 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.

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 14.58% 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 -0.04%. 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 05, 2019, or about 1 days ago. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Hydro Protocol are growing by -0.77 and -0.23, respectively, over the past 30 days.

The Latest on Hydro Protocol and Social Media

Traders interested in following Hydro Protocol has the biggest presence on Facebook, where it has 0 users engaged.

Where to Buy

You can trade Hydro Protocol, listed under the symbol HOT, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex. December 6, 2019: Hydro Protocol (hot): Up 2.82%

Article by SixJupiter