Huobi Token: What’s the Latest Regarding its Price?
Huobi Token’s current price, at the time of this writing, is $4.205 USD, down by approximately 0.43% from the day prior. The down day for Huobi Token yesterday was a reversal from the day before it, which puts its price at 6.75% above its 20 day moving average. Over the past two weeks, price has been in an up trend. Another data point we may find worthy of observation is that price for Huobi Token has increased 2 of the previous 5 days. Another data point we may find worthy of observation is that price for Huobi Token has increased 2 of the previous 5 days.
In terms of an expected trading range, the Bollinger bands on Huobi Token suggest price may bounce between $3.570752 and $4.307548 based on its momentum and volatility over the past 14 days. As we are closer to the top of that range, rangebound traders may wish to consider exploring shorting opportunities.
The currency’s market cap currently stands at $932 million US dollars.
Straight Off the Chain
Yesterday saw 90 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 up by approximately 10. In terms of recurring usage, we can note that 1,017 wallets have sent or received coins in the past month, while 55 have in the past day.
Just How Rich are Huobi Token’s Richest Holders?
As for wealth distribution, the richest 1,000 wallets currently own 134.28% 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. Huobi Token’s smart contract owns approximately 0% of its own total money supply. This amount hasn’t changed over the past week.
The Latest on Huobi Token and Social Media
Traders interested in following Huobi Token has the biggest presence on Twitter, where it has 154,275 users engaged. You can follow Huobi Token on Twitter here.
Article by SixJupiter
