How Did Status Network Token’s Price Fare Yesterday?
At the time of this writing, Status Network Token has a price of $0.01374 USD, which puts it up by approximately 3.08% 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 7.69% above its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. Traders looking for a range to trade within may wish to note that the Bollinger bands (a price indicator based on recent momentum and volatility) for Status Network Token imply the currency may oscillate between $0.011001 and $0.014516, based on how price has behaved in the two weeks prior. Price’s current proximity to the top of the range may make shorting an attractive opportunity to traders interested in trading the range.
The market capitalization of Status Network Token, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $47 million.
Unusual Developments
Yesterday, the metrics transfers added saw a daily change well outside what is usually experienced. An exploration as to what caused this may be worthwhile.
Straight Off the Chain
Yesterday saw 792 transfers amongst holders of Status Network Token. As for the number of holders, yesterday saw the number of wallets holding Status Network Token rise by 14. If we observe percentage growth in holders and transfers, we find that Status Network Token ranks 24 out of the 35 Ethereum tokens we are tracking.
Just How Rich are Status Network Token’s Richest Holders?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 96.14%. The percent of the currency that is owned by wallets that are both belonging to exchanges and in the top 1,000 richest wallets of the token comes out to 13.58% of the currency’s money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by 0% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.22%.
How Active are the Software Developers?
In terms of how active the software development team working on Status Network Token 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 03, 2019, or approximately 2 days before. 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 0.03 per day, while the number of followers watching Status Network Token’s repositories is growing by 0.03.
Status Network Token’s Social Media Presence
In the past day, Status Network Token’s Reddit subscribers went up by 1, respectively. Traders interested in following Status Network Token has the biggest presence on Twitter, where it has 110,899 users engaged. Here is the Twitter page for Status Network Token.
Article by SixJupiter
