How Did Hydro Protocol’s Price Fare Yesterday?
Hydro Protocol is down by approximately 1.34% from the previous day, with its price currently hovering around $0.001394 USD. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 16.09% below its 20 day moving average, and is currently in a down trend over the past 14 days. In terms of an expected trading range, the Bollinger bands on Hydro Protocol suggest price may bounce between $0.001295 and $0.002027 based on its momentum and volatility over the past 14 days. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
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The market capitalization of Hydro Protocol, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $111 million.
Hydro Protocol’s Surprises of the Day
The following metrics showed unusual change over the past 24 hours for Hydro Protocol: holders added and transfers added. Further investigation may be warranted.
Update on Transactions and Holders
Over the past 24 hours, 34 transfers have been added to the blockchain recording transactions amongst holders of Hydro Protocol. Regarding a tally of holders, Yesterday saw Hydro Protocol’s wallet count rise by 3. To provide context, we’d rank this token as 26 out of the 29 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
How are the Strong Holders of Hydro Protocol Faring?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 59.97%. If we focus on exchanges, which may be an correlated with liquidity and greater confidence in the currency, the exchange wallets that are in the top 1,000 wallets own 14.52% of the currency’s total money supply. Exchange ownership grew by 0.04% 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 January 09, 2020, or about 2 days ago. Over the past 30 days, we’ve seen open issues across Hydro Protocol’s GitHub repositories grow by 0.3 per day on average, while the number of watchers has grown by 0.3.
Hydro Protocol’s Social Media Presence
If you are interested in following Hydro Protocol on social media, Facebook, where it has 0 following it, may be a good place to start.
Where to Buy
You can trade Hydro Protocol, listed under the symbol HOT, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex.
Article by SixJupiter
