November 14, 2019: LEO Token (LEO): Down 3.09%; Price Crosses 20 Day Average

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LEO Token Price Update

LEO Token is down by approximately 3.09% from the previous day, with its price currently hovering around $0.9583 USD. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a unclear trend, and is currently 3% below its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. LEO Token’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 $0.957135 and $1.018795. 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 $962 million US dollars.

Straight Off the Chain

Yesterday saw 27 transfers amongst holders of LEO Token. In terms of estimating the number of holders, over the past day the total number of wallets holding LEO Token has gone up by approximately 3. To provide context, we’d rank this token as 25 out of the 37 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.

How are the Strong Holders of LEO Token Faring?

The top 1,000 LEO Token wallets hold over 100% 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 97.82% 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 0.01%.

What’s Going on Social Media?

In terms of social media presence, LEO Token saw its Reddit subscribers go up by 1 over the past 24 hours. Traders interested in following LEO Token has the biggest presence on Twitter, where it has 511,809 users engaged. Here is the Twitter page for LEO Token.

Article by SixJupiter

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