January 15, 2020: Huobi Token (HT): Up 3.87%; Anomalies In Transfers Added

.

Huobi Token Price Update

Huobi Token’s current price, at the time of this writing, is $3.223 USD, up by approximately 3.87% from the day prior. Huobi Token is currently in an up, and it should be noted that this is now the the 2nd straight day that price has been up. Moreover, Huobi Token is now 9.22% above its 20 day moving average. In terms of an expected trading range, the Bollinger bands on Huobi Token suggest price may bounce between $2.673573 and $3.228327 based on its momentum and volatility over the past 14 days. Given its boundaries, rangebound traders may find it compelling to entertain shorting, as we are nearer to the top of the range.

Get your analysis of Huobi Token (HT) here on CryptoCoin.news. And for daily analysis and recaps of the 5 major cryptocurrencies, visit CFDTrading.com.

The currency’s market cap currently stands at $776 million US dollars.

Huobi Token’s Surprises of the Day

Yesterday, the metrics transfers 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

Over the past 24 hours, 996 transfers have been added to the blockchain recording transactions amongst holders of Huobi Token. 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 18. To provide context, we’d rank this token as 12 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 Huobi Token Faring?

Of the coin’s total money supply, the richest 1,0000 wallets currently own 93.2%. Huobi Token’s smart contract owns approximately 0% of its own total money supply. This amount hasn’t changed over the past week.

Huobi Token’s Social Media Presence

In the past day, Huobi Token’s Twitter followers and Reddit subscribers went up by 223 and 1, respectively. Traders interested in following Huobi Token has the biggest presence on Twitter, where it has 135,841 users engaged. 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

Stay up to date on crypto news!

Sign up for our newsletter for all the hottest crypto stories, ICO reviews, and insights from leading experts of the crypto world - four times a week.

You have been signed up!