How Did Huobi Token’s Price Fare Yesterday?
Huobi Token’s current price, at the time of this writing, is $3.141 USD, down by approximately 0.22% from the day prior. Huobi Token is currently in a unclear , and it should be noted that this is now the the 2nd day in a row that price has been down. Moreover, Huobi Token is now 12.08% below its 20 day moving average. To help contextualize yesterday’s price move, we can observe that price has rallied 6 of the past 14 days. As for the volume underlying yesterday’s move, note that the price change occurred on volume that was approximately 51.7% less than its 7 day average volume.
In terms of an expected trading range, the Bollinger bands on Huobi Token suggest price may bounce between $2.716935 and $4.428165 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 currency’s market cap currently stands at $708 million US dollars.
Update on Transactions and Holders
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 2,661 wallets have sent or received coins in the past month, while 102 have in the past day.
Observing Huobi Token’s Richest Wallets
As for wealth distribution, the richest 1,000 wallets currently own 133.55% of the money supply. To further clarify, our supply metric focuses only on supply that is publicly available while many large holders may have tokens they are not able to sell yet — which is why this value can exceed 100%. 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 the past day, Huobi Token’s Twitter followers went up by 317, respectively. Traders interested in following Huobi Token has the biggest presence on Twitter, where it has 148,612 users engaged. Here is the Twitter page for Huobi Token.
Article by SixJupiter
