Huobi Token Price Update
Huobi Token’s current price, at the time of this writing, is $2.937 USD, up by approximately 2.23% from the day prior. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 26.45% below its 20 day moving average, and is currently in a down trend over the past 14 days. To help contextualize yesterday’s price move, we can observe that price has rallied 3 of the past 10 days. As for the volume underlying yesterday’s move, note that the price change occurred on volume that was approximately 56.54% less than its 7 day average volume.
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 $2.31579 and $5.67021. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
As for Huobi Token’s market cap, it is currently at about $663M US dollars.
Straight Off the Chain
Yesterday saw NA transfers amongst holders of Huobi Token. Regarding a tally of holders, Yesterday saw Huobi Token’s wallet count NA by NA. In terms of recurring usage, we can note that 3,082 wallets have sent or received coins in the past month, while 109 have in the past day.
How are the Strong Holders of Huobi Token Faring?
In terms of wealth concentration, the richest 1,000 wallets own 133.55% of the coin’s total money supply. This number is greater than 100% because many of the token holders are not able to sell them yet, and thus their numbers are not included in the supply yet, though they can be regarded as future sellers when they are able to sell. The underlying smart contract itself for Huobi Token owns 0% of the total money supply; over the past week, this amount has not changed.
Huobi Token’s Social Media Presence
If you are interested in following Huobi Token on social media, Twitter, where it has 144,462 following it, may be a good place to start. You can follow Huobi Token on Twitter here.
Article by SixJupiter
