How Did Hydro Protocol’s Price Fare Yesterday?
Hydro Protocol is up by approximately 3.12% from the previous day, with its price currently hovering around $0.003934 USD. Hydro Protocol is currently in a unclear , but it should be noted that this is now the the 2nd consecutive day that price has been up. Moreover, Hydro Protocol is now 1.46% below its 20 day moving average. Hydro Protocol’s expected trading range — as forecasted by the Bollinger bands indicator, which determines a range based on momentum and volatility over the past two weeks — is between $0.002914 and $0.00507. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
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As for Hydro Protocol’s market cap, it is currently at about $162M US dollars.
Straight Off the Chain
Over the past 24 hours, 9 transfers have been added to the blockchain recording transactions amongst holders of Hydro Protocol. As for the number of holders, yesterday saw the number of wallets holding Hydro Protocol drop by 0. If we observe percentage growth in holders and transfers, we find that Hydro Protocol ranks 27 out of the 36 Ethereum tokens we are tracking.
How are the Strong Holders of Hydro Protocol Faring?
The top 1,000 Hydro Protocol wallets hold over 59.97% of the token’s total money supply. If we focus on exchanges, which may be an correlated with liquidity and greater confidence in the currency, the exchange wallets that are in the top 1,000 wallets own 14.26% of the currency’s total money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by 0%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.02%. As for the Hydro Protocol’s smart contract itself, that owns 0% of the total money supply, an amount unchanged from the week prior.
Technical Development Status
In terms of how active the software development team working on Hydro Protocol is, it may be worth observing that the last time any work pertaining to code was done on their GitHub code repository was on November 11, 2019, or approximately 2 days before. Over the past 30 days, we’ve seen open issues across Hydro Protocol’s GitHub repositories grow by -0.1 per day on average, while the number of watchers has grown by 0.
The Latest on Hydro Protocol and Social Media
Facebook appears to be the most popular place to follow the company, and thus may be worth monitoring.
Where to Buy
You can trade Hydro Protocol, listed under the symbol HOT, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex.
Article by SixJupiter
