How Did Hydro Protocol’s Price Fare Yesterday?
Hydro Protocol is up by approximately 2.04% from the previous day, with its price currently hovering around $0.005 USD. The up day for Hydro Protocol yesterday was a reversal from the day before it, which puts its price at 16.91% below its 20 day moving average. Over the past two weeks, price has been in a unclear trend. 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 $0.003748 and $0.008288. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
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The market capitalization of Hydro Protocol, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $132 million.
Update on Transactions and Holders
Over the past 24 hours, 21 transfers have been added to the blockchain recording transactions amongst holders of Hydro Protocol. 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 29 out of the 33 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
How are the Strong Holders of Hydro Protocol Faring?
In terms of wealth concentration, the richest 1,000 wallets own 59.97% of the coin’s total money supply. 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 14.56% of the currency’s money supply. Exchange ownership grew by 0.02% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0% over that time period. Hydro Protocol’s smart contract owns approximately 0% of its own total money supply. This amount hasn’t changed over the past week.
How Much Development is Occurring?
The last activity date on Hydro Protocol’s GitHub repository occurred on today, October 11, 2019. Over the past 30 days, we’ve seen open issues across Hydro Protocol’s GitHub repositories grow by 0 per day on average, while the number of watchers has grown by 0.17.
Hydro Protocol’s Social Media Presence
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
