IOS Token (IOST) July 22, 2019 Weekly Summary: Price Up 23.96%


Price Action

In the week prior, the price for IOS token went up by 23.96%. It is below its 20 day moving average by 7.01%, so it’s slightly away. IOS token’s bullish momentum, based on its distance from its 20 day moving average, is roughly middle-of-the-pack relative to the cryptos we’re tracking. Regarding volatility, IOS token is more volatile than roughly 93% 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 $0.005039633 and $0.01476467.

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 38,610,548 and 337,683,886. Looking back over past 21 days, the trend in volume does not have a clear direction, while the price trend is clearly down. IOST experienced a turnover rate of about 1.54% over the past week, which means that is the percent of its available money supply that is traded daily. Its turnover rate is more than approximately 55% of the cryptocurrencies in our index, so it’s middle-of-the-pack; investors/traders may thus wish to consider their liquidity requirements to make sure the coin matches their needs and their expected trading volume.

Technology Development Status

At the moment, IOST has 30 repositories open to the public on GitHub, with the oldest one now being 1.31 years young. The last recorded update to its public repositories was within the past week which is not bad, as the coin is still being updated routinely. IOST’s public repos now have 653 which is pretty good, relatively speaking; specifically, that’s more than 62 % of the top 100 coins we’re looking at. The coin has 49 issues reported across its public repositories. 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 60% of similar coins in our index.

IOST News and Commentary

The top 2 themes being discussed about IOST in the past week are listed below. Where available, we included a snippet of the article that we thought might be interesting.

The Weekly Squeak — IOST Blockchain, JPEG joy and Z

Nestree Partners with IOST to Bring New Adoption of Bl

Where to Buy

You can trade Iostoken, listed under the symbol IOST, through the following exchanges: Yobit, Binance.

Article by SixJupiter

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