How Did Huobi Token’s Price Fare Yesterday?
Huobi Token’s current price, at the time of this writing, is $3.103 USD, up by approximately 2.38% from the day prior. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in an up trend, and is currently 5.97% above its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on Huobi Token suggest price may bounce between $2.644863 and $3.211537 based on its momentum and volatility over the past 14 days. Price’s current proximity to the top of the range may make shorting 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 $733 million.
Huobi Token’s Surprises of the Day
Yesterday, the metrics holders added saw a daily change well outside what is usually experienced. An exploration as to what caused this may be worthwhile.
Straight Off the Chain
834 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 43. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Huobi Token ranked 12 out of the 29 Ethereum tokens we’re tracking.
Observing Huobi Token’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 93.2% of the coin’s total money supply. The underlying smart contract itself for Huobi Token owns 0% of the total money supply; over the past week, this amount has not changed.
What’s Going on Social Media?
Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. Use this link to follow Huobi Token on Twitter.
Where to Buy
You can trade Huobi Token, listed under the symbol HT, through the following exchanges: Gate, Yobit, DDEX.
Article by SixJupiter
