Hydro Protocol: What’s the Latest Regarding its Price?
Hydro Protocol’s current price, at the time of this writing, is $0.001335 USD, down by approximately 3.47% from the day prior. The down day for Hydro Protocol yesterday was a reversal from the day before it, which puts its price at 38.38% below its 20 day moving average. Over the past two weeks, price has been in a down trend. 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 Hydro Protocol imply the currency may oscillate between $0.001176 and $0.003157, based on how price has behaved in the two weeks prior. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
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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 $102 million.
Update on Transactions and Holders
No transactions amongst holders of Hydro Protocol occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding Hydro Protocol has gone down by approximately 0. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Hydro Protocol ranked 26 out of the 31 Ethereum tokens we’re tracking.
Observing Hydro Protocol’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 59.97% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 14.49% of the currency’s money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by 0% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0%. Hydro Protocol’s smart contract owns approximately 0% of its own total money supply. This amount hasn’t changed over the past week.
How Much Development is Occurring?
Hydro Protocol hasn’t had any activity on any of its GitHub repos since December 31, 2019 — 2 days prior. Over the past 30 days, we’ve seen open issues across Hydro Protocol’s GitHub repositories grow by 0.6 per day on average, while the number of watchers has grown by 0.3.
What’s Going on Social Media?
Traders interested in following Hydro Protocol has the biggest presence on Facebook, where it has 0 users engaged.
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
