January 23, 2020: LEO Token (LEO): Down 0.33%; Anomalies In Transfers Added


LEO Token: What’s the Latest Regarding its Price?

LEO Token is down by approximately 0.33% from the previous day, with its price currently hovering around $0.902 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 3.26% above its 20 day moving average, and is currently in a unclear trend over the past 14 days. 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 LEO Token imply the currency may oscillate between $0.833794 and $0.913226, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain shorting, as we are nearer to the top of the range.

The market capitalization of LEO Token, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $895 million.

Unusual Developments

Since yesterday, LEO Token saw anomalous behavior in transfers added. It may be worth looking into the causes of this a bit more.

Straight Off the Chain

Yesterday saw 64 transfers amongst holders of LEO Token. In terms of estimating the number of holders, over the past day the total number of wallets holding LEO Token has gone up by approximately 1. To provide context, we’d rank this token as 20 out of the 30 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.

How are the Strong Holders of LEO Token Faring?

The top 1,000 LEO Token wallets hold over 100% of the token’s total money supply. The percent of the currency that is owned by wallets that are both belonging to exchanges and in the top 1,000 richest wallets of the token comes out to 98.16% 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 0.02%.

LEO Token’s Social Media Presence

Social media growth, in terms of Twitter followers, came in at up 41 over the past day for LEO Token. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. Here is the Twitter page for LEO Token.

Article by SixJupiter

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