Huobi Token: What’s the Latest Regarding its Price?
At the time of this writing, Huobi Token has a price of $3.384 USD, which puts it up by approximately 0.06% from yesterday. Huobi Token enters the day 7.5% below its 20 day moving average, but is experiencing its the 2nd day in a row up. To help contextualize yesterday’s price move, we can observe that price has rallied 7 of the past 14 days. Another data point we may find worthy of observation is that price for Huobi Token has increased 7 of the previous 14 days.
In terms of an expected trading range, the Bollinger bands on Huobi Token suggest price may bounce between $2.670855 and $4.645645 based on its momentum and volatility over the past 14 days. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
The market capitalization of Huobi Token, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $764 million.
Daily Engagement Metrics Update
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 understand loyalty or repeat usage amongst holders of Huobi Token, we can note that there were 72 wallets making a transaction yesterday, while 2,695 wallets have sent or received tokens in the past month; this imputes a daily active wallet to monthly active wallet ratio of about 0.03.
Just How Rich are Huobi Token’s Richest Holders?
In terms of wealth concentration, the richest 1,000 wallets own 133.55% 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. 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?
In terms of social media presence, Huobi Token saw its Twitter followers go up by 564 over the past 24 hours. If you are interested in following Huobi Token on social media, Twitter, where it has 148,295 following it, may be a good place to start. Here is the Twitter page for Huobi Token.
Article by SixJupiter
