Huobi Token: What’s the Latest Regarding its Price?
Huobi Token is down by approximately 1.5% from the previous day, with its price currently hovering around $3.413 USD. This marked the the 3rd straight day Huobi Token has been down; it is still in an uptrend, and is currently 3.94% 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 Huobi Token imply the currency may oscillate between $2.884653 and $3.682347, based on how price has behaved in the two weeks prior. As we are closer to the top of that range, rangebound traders may wish to consider exploring shorting opportunities.
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The market capitalization of Huobi Token, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $810 million.
Update on Transactions and Holders
Over the past 24 hours, 389 transfers have been added to the blockchain recording transactions amongst holders of Huobi Token. In terms of estimating the number of holders, over the past day the total number of wallets holding Huobi Token has gone up by approximately 46. If we observe percentage growth in holders and transfers, we find that Huobi Token ranks 19 out of the 34 Ethereum tokens we are tracking.
Just How Rich are Huobi Token’s Richest Holders?
In terms of wealth concentration, the richest 1,000 wallets own 93.22% of the coin’s total money supply. Huobi Token’s smart contract owns approximately 0% of its own total money supply. This amount hasn’t changed over the past week.
What’s Going on Social Media?
In the past day, Huobi Token’s Twitter followers went up by 543, respectively. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. Use this link to follow Huobi Token on Twitter.
Where to Buy
You can trade Huobi Token, listed under the symbol HT, through the following exchanges: Gate, Yobit, DDEX.
Article by SixJupiter