How Did Huobi Token’s Price Fare Yesterday?
Huobi Token’s current price, at the time of this writing, is $3.989 USD, down by approximately 0.72% from the day prior. Huobi Token enters the day 11.22% below its 20 day moving average, and is experiencing its the 5th day in a row down. To help contextualize yesterday’s price move, we can observe that price has rallied 14 of the past 30 days. Another data point we may find worthy of observation is that price for Huobi Token has increased 14 of the previous 30 days.
As for Huobi Token’s expected trading range — as forecasted by the Bollinger bands indicator, which determines a range based on momentum and volatility over the past two weeks — is between $3.883754 and $5.102346. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
As for Huobi Token’s market cap, it is currently at about $1,115M US dollars.
Daily Engagement Metrics Update
NA transactions amongst holders of Huobi Token occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Huobi Token NA by NA. To further our understanding of engagement we can observe the ratio of daily active users to monthly active users; that ratio now stands at 0.04, with 139 wallets making a transfer this past day and 3,615 wallets having made a transfer in the past month.
Just How Rich are Huobi Token’s Richest Holders?
As for wealth distribution, the richest 1,000 wallets currently own 109.75% of the money supply. Incidentally, this value exceeds 100% because many owners are not yet able to sell (due to contractual provisions), and our supply metric only observes liquid supply. Huobi Token’s smart contract owns approximately 0% of its own total money supply. This amount hasn’t changed over the past week.
What’s Going on Social Media?
In terms of social media presence, Huobi Token saw its Twitter followers and Reddit subscribers go up by 681 and 1 over the past 24 hours. Traders interested in following Huobi Token has the biggest presence on Twitter, where it has 141,966 users engaged. Use this link to follow Huobi Token on Twitter.
Article by SixJupiter