Price Action
Since last week, IOS token’s price went down by -18.25%. It is below its 20 day moving average by 23.19%, so it’s very far away. IOS token’s bullish momentum, if assessed by its distance from its 20 day moving average, is among the worst compared to other cryptocurrencies, and thus may indicate the coin has swung too far and too fast — and may thus be due for consolidation or a bullish correction. In terms of volatility, IOS token exhibits greater price volatility than approximately 86% of coins in our index, so bear that in mind if you decide to trade it. Looking ahead, if the upcoming week mirrors the volatility of three past three weeks, the price range for IOS token in US dollars is expected to be between $0.009869195 and $0.01708081.
Where to trade Iostoken (symbol: IOST): Yobit, Binance
Volume Update
In the span of the preceding 7 days, IOST’s daily volume, in terms of its own unit of currency, has fluctuated between 355,813,538 and 794,130,523. In the three weeks prior, the trend in volume does not have a clear direction, while the price trend is clearly down. Over the past week, IOST saw its trading turnover — which we define as average daily trading volume divided by circulating supply — register at 4.35%. Its turnover rate is more than approximately 64.95% of the cryptocurrencies in our index, so it’s above average and thus will have enough liquidity for many investors/traders.
Engagement Update
Over the past week, IOS token saw its holders go from 42,375 to 42,413, an increase of 0.09%. And in regards to cumulative transactions logged on the blockchain, they went from 281,837 to 282,369, which amounts to a change of 0.19%. The combined engagement growth rate (growth rate in holders plus growth rate in transfers) of IOS token is thus at 0.28% which, relatively speaking, is ahead of 32.35% of the cryptocurrencies we’re tracking. This could indicate that its change in engagement is below average, at least on a percentage basis.
Technology Development Status
IOST currently has 30 public repositories on GitHub, with the oldest one now 1.07 years young. The last recorded update to its public repositories was within the past day, which is pretty good, as it suggests the coin is still under active and rapid technical development. IOST’s public repos now have 610 which is about average compared to other similar coins; that’s more than approximately 56 % of coins in its index. The coin has 40 total outstanding issues across all 30 of its public repositories on GitHub. Relative to the number of watchers it has, though, its open issues count seems to be in good shape. To elaborate: the ratio of open issues to developers who are watching IOST’s GitHub repos is more favorable than 65% of similar coins in our index.
IOST News and Commentary
We found 2 links over the past week about IOST that we thought were especially worth sharing. Where available, we included a snippet of the article that we thought might be interesting.
IOST Contribution Reward System — Final Results – IOST
How to Use an IOST Dapp – Dapp.com
Key Extract:
To start off, you need to create an IOST wallet….Enter your private key into the box, click “Import”, and now you can choose a dapp at our IOST dapp list and start playing!…iWallet is the official tool for using IOST account and interacting with IOST dapps.
Where to Buy
You can trade Iostoken, listed under the symbol IOST, through the following exchanges: Yobit, Binance.
Article by SixJupiter
