How Did Huobi Token’s Price Fare Yesterday?
Huobi Token’s current price, at the time of this writing, is $3.09 USD, up by approximately 2.42% from the day prior. Huobi Token enters the day 19.8% below its 20 day moving average, but is experiencing its the 3rd consecutive day up. From another vantage point, note that price has gone up 6 of the past 14 days. Another data point we may find worthy of observation is that price for Huobi Token has increased 6 of the previous 14 days.
In terms of an expected trading range, the Bollinger bands on Huobi Token suggest price may bounce between $2.336842 and $5.369258 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.
As for Huobi Token’s market cap, it is currently at about $695M US dollars.
Straight Off the Chain
Over the past 24 hours, NA transfers have been added to the blockchain recording transactions amongst holders of Huobi Token. 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 0.03, with 81 wallets making a transfer this past day and 2,899 wallets having made a transfer in the past month.
Just How Rich are Huobi Token’s Richest Holders?
And in regards to wealth distribution, note that the top 1,000 Huobi Token wallets hold over 133.55% of the token’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. As for the Huobi Token’s smart contract itself, that owns 0% of the total money supply, an amount unchanged from the week prior.
Huobi Token’s Social Media Presence
In the past day, Huobi Token’s Twitter followers went up by 127, respectively. If you are interested in following Huobi Token on social media, Twitter, where it has 144,589 following it, may be a good place to start. You can follow Huobi Token on Twitter here.
Article by SixJupiter
