December 9, 2019: Hydro Protocol (HOT): Up 0.23%

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: What’s the Latest Regarding its Price?

At the time of this writing, Hydro Protocol has a price of $0.002625 USD, which puts it up by approximately 0.23% from yesterday. The up day for Hydro Protocol yesterday was a reversal from the day before it, which puts its price at 11.16% below 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 $0.001814 and $0.004095. 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 9, 2019: Hydro Protocol (hot): Up 0.23%

The currency’s market cap currently stands at $117 million US dollars.

Update on Transactions and Holders

Over the past 24 hours, 7 transfers have been added to the blockchain recording transactions amongst holders of Hydro Protocol. As for the number of holders, yesterday saw the number of wallets holding Hydro Protocol rise by 1. To provide context, we’d rank this token as 31 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

Of the coin’s total money supply, the richest 1,0000 wallets currently own 59.97%. The percent of the currency that is owned by wallets that are both belonging to exchanges and in the top 1,000 richest wallets of the token comes out to 14.57% of the currency’s 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.

Technical Development Status

The last activity date on Hydro Protocol’s GitHub repository was December 05, 2019, or about 4 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 -0.73 per day, while the number of followers watching Hydro Protocol’s repositories is growing by -0.23.

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 9, 2019: Hydro Protocol (hot): Up 0.23%

Article by SixJupiter