Huobi Token Price Update
Huobi Token’s current price, at the time of this writing, is $3.577 USD, down by approximately 10.66% from the day prior. Huobi Token enters the day 19.33% below its 20 day moving average, and is experiencing its the 6th straight day down. From another vantage point, note that price has gone up 0 of the past 5 days. And in terms of volume, yesterday’s price move ocurred on volume that was 7.7% less than its 7 day average volume.
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 Huobi Token imply the currency may oscillate between $3.66461 and $5.20319, 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.
As for Huobi Token’s market cap, it is currently at about $820M US dollars.
Daily Engagement Metrics Update
Over the past 24 hours, NA 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 NA by approximately 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 0.03, with 107 wallets making a transfer this past day and 3,452 wallets having made a transfer in the past month.
Just How Rich are Huobi Token’s Richest Holders?
In terms of wealth concentration, the richest 1,000 wallets own 134.08% of the coin’s total 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. The underlying smart contract itself for Huobi Token owns 0% of the total money supply; over the past week, this amount has not changed.
The Latest on Huobi Token and Social Media
In terms of social media presence, Huobi Token saw its Twitter followers and Reddit subscribers go up by 577 and 1 over the past 24 hours. If you are interested in following Huobi Token on social media, Twitter, where it has 142,543 following it, may be a good place to start. Use this link to follow Huobi Token on Twitter.
Article by SixJupiter
