Huobi Token Price Update
Huobi Token’s current price, at the time of this writing, is $3.276 USD, up by approximately 0.77% from the day prior. The up day for Huobi Token yesterday was a reversal from the day before it, which puts its price at 0.06% above its 20 day moving average. Over the past two weeks, price has been in an up trend. From another vantage point, note that price has gone up 16 of the past 30 days. As for the volume underlying yesterday’s move, note that the price change occurred on volume that was approximately 12.75% greater than its 7 day average volume.
In terms of an expected trading range, the Bollinger bands on Huobi Token suggest price may bounce between $2.911178 and $3.637122 based on its momentum and volatility over the past 14 days. Price’s current proximity to the top of the range may make shorting an attractive opportunity to traders interested in trading 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 $740 million.
Update on Transactions and Holders
NA transactions amongst holders of Huobi Token occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Huobi Token NA by NA. In terms of recurring usage, we can note that 2,337 wallets have sent or received coins in the past month, while 68 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. 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. The underlying smart contract itself for Huobi Token owns 0% of the total money supply; over the past week, this amount has not changed.
The Latest on Huobi Token and Social Media
Social media growth, in terms of Twitter followers, came in at up 203 over the past day for Huobi Token. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. You can follow Huobi Token on Twitter here.
Article by SixJupiter
