Hydro Protocol: What’s the Latest Regarding its Price?
At the time of this writing, Hydro Protocol has a price of $0.00626 USD, which puts it up by approximately 8.74% from yesterday. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in an up trend, and is currently 48.18% above its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. 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 $0.001874 and $0.006575. Price’s current proximity to the top of the range may make selling an attractive opportunity to traders interested in trading the range.
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The currency’s market cap currently stands at $144 million US dollars.
Update on Transactions and Holders
No transactions amongst holders of Hydro Protocol occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Hydro Protocol fall by 0. To provide context, we’d rank this token as 27 out of the 37 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Just How Rich are Hydro Protocol’s Richest Holders?
The top 1,000 Hydro Protocol wallets hold over 59.97% of the token’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 14% of the currency’s money supply. Exchange ownership grew by -0.26% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0% over that time period. The underlying smart contract itself for Hydro Protocol owns 0% of the total money supply; over the past week, this amount has not changed.
How Active are the Software Developers?
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 19, 2019 (today). To understand how code development is progressing, we can observe growth rates over the past 30 days in the number of open issues and the number of watchers: open issuers have been growing at about -0.47 per day, while the number of followers watching Hydro Protocol’s repositories is growing by -0.07.
What’s Going on Social Media?
If you are interested in following Hydro Protocol on social media, Facebook, where it has NA following it, may be a good place to start.
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
