Huobi Token Price Update
At the time of this writing, Huobi Token has a price of $3.257 USD, which puts it down by approximately 0.67% from yesterday. Huobi Token enters the day 12.48% below its 20 day moving average, and is experiencing its the 2nd consecutive day down. To help contextualize yesterday’s price move, we can observe that price has rallied 3 of the past 5 days. And in terms of volume, yesterday’s price move ocurred on volume that was 56.71% 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 $2.615876 and $4.827124, based on how price has behaved in the two weeks prior. 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 $734 million US dollars.
Update on Transactions and Holders
NA transactions amongst holders of Huobi Token occurred yesterday. Regarding a tally of holders, Yesterday saw Huobi Token’s wallet count NA by NA. In terms of recurring usage, we can note that 2,756 wallets have sent or received coins in the past month, while 98 have in the past day.
Observing Huobi Token’s Richest Wallets
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. 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. 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?
Social media growth, in terms of Twitter followers, came in at up 3142 over the past day for Huobi Token. Traders interested in following Huobi Token has the biggest presence on Twitter, where it has 147,731 users engaged. You can follow Huobi Token on Twitter here.
Article by SixJupiter
