Hydro Protocol: What’s the Latest Regarding its Price?
Hydro Protocol’s current price, at the time of this writing, is $0.001452 USD, down by approximately 2.55% 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 a down trend, and is currently 21.92% below 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 Hydro Protocol suggest price may bounce between $0.000985 and $0.002735 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 $114 million.
Hydro Protocol’s Surprises of the Day
The following metrics showed unusual change over the past 24 hours for Hydro Protocol: transfers added. Further investigation may be warranted.
Daily Engagement Metrics Update
14 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 27 out of the 32 Ethereum tokens we’re tracking.
Just How Rich are Hydro Protocol’s Richest Holders?
The top 1,000 Hydro Protocol wallets hold over 59.97% of the token’s total money supply. 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 14.48% of the currency’s total money supply. Exchange ownership grew by 0% 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
Hydro Protocol hasn’t had any activity on any of its GitHub repos since January 04, 2020 — 4 days prior. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Hydro Protocol are growing by 0.5 and 0.3, respectively, over the past 30 days.
Hydro Protocol’s Social Media Presence
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
