October 25, 2019: Hydro Protocol (HOT): Down 24.47%; 5th Consecutive Down 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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How Did Hydro Protocol’s Price Fare Yesterday?

At the time of this writing, Hydro Protocol has a price of $0.002398 USD, which puts it down by approximately 24.47% from yesterday. Hydro Protocol enters the day 43.95% below its 20 day moving average, and is experiencing its the 5th straight day down. In terms of an expected trading range, the Bollinger bands on Hydro Protocol suggest price may bounce between $0.002867 and $0.005689 based on its momentum and volatility over the past 14 days. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.

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October 29, 2019: Hydro Protocol (hot): Down 17.96%

The currency’s market cap currently stands at $149 million US dollars.

Daily Engagement Metrics Update

Over the past 24 hours, 26 transfers have been added to the blockchain recording transactions amongst holders of Hydro Protocol. As for the number of holders, yesterday saw the number of wallets holding Hydro Protocol increase by 0. To provide context, we’d rank this token as 20 out of the 41 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.

Just How Rich are Hydro Protocol’s Richest Holders?

In terms of wealth concentration, the richest 1,000 wallets own 59.97% of the coin’s total money supply. 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 14.43% of the currency’s total 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 0.01%. 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 24, 2019, or approximately 1 days before. Over the past 30 days, we’ve seen open issues across Hydro Protocol’s GitHub repositories grow by -0.07 per day on average, while the number of watchers has grown by -0.07.

Hydro Protocol’s Social Media Presence

Traders interested in following Hydro Protocol has the biggest presence on Facebook, where it has 0 users engaged.

Where to Buy

You can trade Hydro Protocol, listed under the symbol HOT, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex. October 29, 2019: Hydro Protocol (hot): Down 17.96%

Article by SixJupiter