IOS Token (IOST) June 24, 2019 Weekly Recap: Price Down 4.85%

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Price Action

Since last week, IOS token’s price went down by -4.85%. It is above its 20 day moving average by 5.2%, 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. In terms of volatility, IOS token exhibits greater price volatility than approximately 27% of coins in our index, so it’s notably less volatile than the other cryptocurrencies we’re monitoring. 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 $0.01072565 and $0.01275335.

Where to trade Iostoken (symbol: IOST): Yobit, Binance

Volume Update

Over the past week, IOST saw its daily volume range between 45,657,481 and 349,023,354 units of its own currency. In the three weeks prior, volume has trended downwards, but price has gone in the opposite direction — up. Over the past week, IOST saw its trading turnover — which we define as average daily trading volume divided by circulating supply — register at 1.6%. Its turnover rate is more than approximately 53% 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.

Engagement Update

The number of wallets holding IOS token went from NA to 42,664 in the past week, marking a change of NA%. In terms of blockchain-recorded transactions made by these wallets since their inception, that number changed from NA to 285,116, which translates to growth of NA% for the week. IOS token’s combined growth rate — meaning the sum of its growth rate in holders and transactions — is NA% which puts it ahead of NA% of the coins in our index. This growth rate suggestsNA

Technology Development Status

IOST currently has 30 public repositories on GitHub, with the oldest one now 1.23 years young. Its last public update to any of its repositories was within the past week which is not bad, as the coin is still being updated routinely. IOST’s repos that are visible to the public collectively have 634 watchers — that’s more than approximately 56 % of coins in its index. The coin has 48 issues reported across its public repositories. Relative to the number of watchers it has, though, its open issues count is fairly mediocre. We consider the GitHub open issue/watcher ratio as a potential indicator of the healthiness of a coin’s software development process, and for IOST we see that its issue/watcher ratio looks healthier than 58% 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. If possible we included a brief excerpt from the article — be sure to click through for the entire piece.

Block Chain Casinos and the Player’s Edge – Justin Case

WhaleEx’s weekly report #35(06.16–06.22) – Whale EX

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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