November 21, 2019: Hydro Protocol (HOT): Down 1.03%; 2nd Straight Down Day

January 24, 2020: Hydro Protocol (hot): Down 33.83%; Surprising Moves In Price; Price Crosses 20 Day Average
January 24, 2020: Hydro Protocol (hot): Down 33.83%; Surprising Moves In Price; Price Crosses 20 Day Average
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Hydro Protocol: What’s the Latest Regarding its Price?

At the time of this writing, Hydro Protocol has a price of $0.003839 USD, which puts it down by approximately 1.03% from yesterday. Hydro Protocol enters the day 8.14% below its 20 day moving average, and is experiencing its the 2nd straight day down. 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 $0.001941 and $0.006417. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.

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November 21, 2019: Hydro Protocol (hot): Down 1.03%; 2nd Straight Down Day

The currency’s market cap currently stands at $146 million US dollars.

Daily Engagement Metrics Update

16 transactions amongst holders of Hydro Protocol occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding Hydro Protocol has gone down by approximately 0. To provide context, we’d rank this token as 24 out of the 35 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?

Of the coin’s total money supply, the richest 1,0000 wallets currently own 59.97%. 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 -0.24% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0% over that time period. As for the Hydro Protocol’s smart contract itself, that owns 0% of the total money supply, an amount unchanged from the week prior.

How Much Development is Occurring?

Hydro Protocol hasn’t had any activity on any of its GitHub repos since November 20, 2019 — 1 days prior. 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 -0.5 per day, while the number of followers watching Hydro Protocol’s repositories is growing by -0.07.

What’s Going on Social Media?

Traders interested in following Hydro Protocol has the biggest presence on Facebook, where it has 0 users engaged.

Where to Buy

You can trade Hydro Protocol, listed under the symbol HOT, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex. November 21, 2019: Hydro Protocol (hot): Down 1.03%; 2nd Straight Down Day

Article by SixJupiter