Huobi Token Price Update
At the time of this writing, Huobi Token has a price of $3.552 USD, which puts it up by approximately 7.41% from yesterday. Huobi Token is currently in a down, but it should be noted that this is now the the 4th straight day that price has been up. Moreover, Huobi Token is now 6.56% below its 20 day moving average. From another vantage point, note that price has gone up 15 of the past 30 days. Another data point we may find worthy of observation is that price for Huobi Token has increased 15 of the previous 30 days.
In terms of an expected trading range, the Bollinger bands on Huobi Token suggest price may bounce between $2.483849 and $5.118951 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.
The currency’s market cap currently stands at $793 million US dollars.
Daily Engagement Metrics Update
Yesterday saw NA transfers 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. In terms of recurring usage, we can note that 2,844 wallets have sent or received coins in the past month, while 90 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. Ownership exceeding 100% is due to the fact that our supply metric is focused just on available supply, and some large owners of Huobi Token have ownership they cannot sell at this time — but may be able to in the future. The underlying smart contract itself for Huobi Token owns 0% of the total money supply; over the past week, this amount has not changed.
What’s Going on Social Media?
Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. Here is the Twitter page for Huobi Token.
Article by SixJupiter
