October 15, 2019: Hydro Protocol (HOT): Down 9.83%

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?

Hydro Protocol’s current price, at the time of this writing, is $0.004402 USD, down by approximately 9.83% from the day prior. The down day for Hydro Protocol yesterday was a reversal from the day before it, which puts its price at 19.96% below its 20 day moving average. Over the past two weeks, price has been in a down trend. In terms of an expected trading range, the Bollinger bands on Hydro Protocol suggest price may bounce between $0.002164 and $0.008835 based on its momentum and volatility over the past 14 days. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.

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October 15, 2019: Hydro Protocol (hot): Down 9.83%

The currency’s market cap currently stands at $132 million US dollars.

Straight Off the Chain

Yesterday saw 25 transfers amongst holders of Hydro Protocol. Regarding a tally of holders, Yesterday saw Hydro Protocol’s wallet count rise by 1. To provide context, we’d rank this token as 29 out of the 35 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?

Of the coin’s total money supply, the richest 1,0000 wallets currently own 59.97%. 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 14.53% 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 -0.05%. Hydro Protocol’s smart contract owns approximately 0% of its own total money supply. This amount hasn’t changed over the past week.

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 October 14, 2019, or approximately 1 days before. Over the past 30 days, we’ve seen open issues across Hydro Protocol’s GitHub repositories grow by -0.03 per day on average, while the number of watchers has grown by 0.17.

Hydro Protocol’s Social Media Presence

If you are interested in following Hydro Protocol on social media, Facebook, where it has 0 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. October 15, 2019: Hydro Protocol (hot): Down 9.83%

Article by SixJupiter