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

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?

Hydro Protocol’s current price, at the time of this writing, is $0.003568 USD, down by approximately 17.96% from the day prior. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a unclear trend, and is currently 22.94% below its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. 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 $0.002144 and $0.007117. 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%

As for Hydro Protocol’s market cap, it is currently at about $146M US dollars.

Daily Engagement Metrics Update

Yesterday saw 15 transfers amongst holders of Hydro Protocol. As for the number of holders, yesterday saw the number of wallets holding Hydro Protocol rise by 0. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Hydro Protocol ranked 21 out of the 32 Ethereum tokens we’re tracking.

How are the Strong Holders of Hydro Protocol Faring?

In terms of wealth concentration, the richest 1,000 wallets own 59.97% of the coin’s total money supply. The percent of the currency that is owned by wallets that are both belonging to exchanges and in the top 1,000 richest wallets of the token comes out to 14.42% of the currency’s 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 0.03%. 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?

Hydro Protocol hasn’t had any activity on any of its GitHub repos since October 28, 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.

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

Article by SixJupiter