October 2, 2019: Hydro Protocol (HOT): Up 13.16%; 2nd Straight Up 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 Price Update

Hydro Protocol is up by approximately 13.16% from the previous day, with its price currently hovering around $0.004953 USD. Hydro Protocol enters the day 40.57% below its 20 day moving average, but is experiencing its the 2nd consecutive day up. 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 $0.005381 and $0.011288. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.

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October 2, 2019: Hydro Protocol (hot): Up 13.16%; 2nd Straight Up Day

As for Hydro Protocol’s market cap, it is currently at about $115M US dollars.

Update on Transactions and Holders

Yesterday saw 11 transfers amongst holders of Hydro Protocol. Regarding a tally of holders, Yesterday saw Hydro Protocol’s wallet count jump by 2. To provide context, we’d rank this token as 24 out of the 32 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%. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 14.54% 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 -0.08%. As for the Hydro Protocol’s smart contract itself, that owns 0% of the total money supply, an amount unchanged from the week prior.

Technical Development Status

Hydro Protocol hasn’t had any activity on any of its GitHub repos since October 01, 2019 — 1 days prior. 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

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. October 2, 2019: Hydro Protocol (hot): Up 13.16%; 2nd Straight Up Day

Article by SixJupiter