January 10, 2020: Huobi Token (HT): Down 0.89%; 2nd Straight Down Day

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How Did Huobi Token’s Price Fare Yesterday?

Huobi Token is down by approximately 0.89% from the previous day, with its price currently hovering around $2.999 USD. This marked the the 2nd straight day Huobi Token has been down; it is still in an uptrend, and is currently 4.7% above its 20 day moving average; staying above this level may be critical to sustain short-term momentum. Traders looking for a range to trade within may wish to note that the Bollinger bands (a price indicator based on recent momentum and volatility) for Huobi Token imply the currency may oscillate between $2.630044 and $3.098856, based on how price has behaved in the two weeks prior. Price’s current proximity to the top of the range may make selling an attractive opportunity to traders interested in trading the range.

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The market capitalization of Huobi Token, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $734 million.

Straight Off the Chain

693 transactions amongst holders of Huobi Token occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding Huobi Token has gone up by approximately 25. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Huobi Token ranked 10 out of the 30 Ethereum tokens we’re tracking.

Just How Rich are Huobi Token’s Richest Holders?

Of the coin’s total money supply, the richest 1,0000 wallets currently own 93.2%. As for the Huobi Token’s smart contract itself, that owns 0% of the total money supply, an amount unchanged from the week prior.

The Latest on Huobi Token and Social Media

In the past day, Huobi Token’s Twitter followers and Reddit subscribers went up by 269 and 1, respectively. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. You can follow Huobi Token on Twitter here.

Where to Buy

You can trade Huobi Token, listed under the symbol HT, through the following exchanges: Gate, Yobit, DDEX.

Article by SixJupiter

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