October 28, 2019: Hydro Protocol (HOT): Up 1.19%; 5th 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 1.19% from the previous day, with its price currently hovering around $0.004349 USD. This marked the the 5th consecutive day Hydro Protocol has been up; it is still in a unclear trend, and is currently 9.88% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on Hydro Protocol suggest price may bounce between $0.00237 and $0.007282 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 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 $151 million.

Straight Off the Chain

Yesterday saw 55 transfers amongst holders of Hydro Protocol. Regarding a tally of holders, Yesterday saw Hydro Protocol’s wallet count drop by 0. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Hydro Protocol ranked 18 out of the 34 Ethereum tokens we’re tracking.

Observing Hydro Protocol’s Richest Wallets

The top 1,000 Hydro Protocol wallets hold over 59.97% of the token’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 14.42% of the currency’s total money supply. Exchange ownership grew by 0% 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 Active are the Software Developers?

The last activity date on Hydro Protocol’s GitHub repository was October 26, 2019, or about 2 days ago. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Hydro Protocol are growing by -0.03 and -0.07, respectively, over the past 30 days.

What’s Going on Social Media?

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

Article by SixJupiter