Status Network Token: What’s the Latest Regarding its Price?
Status Network Token is up by approximately 0.46% from the previous day, with its price currently hovering around $0.01299 USD. 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 3.4% above 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 Status Network Token suggest price may bounce between $0.011581 and $0.013544 based on its momentum and volatility over the past 14 days. As we are closer to the top of that range, rangebound traders may wish to consider exploring selling opportunities.
The market capitalization of Status Network Token, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $46 million.
Unusual Developments
Since yesterday, Status Network Token saw anomalous behavior in holders added and transfers added. It may be worth looking into the causes of this a bit more.
Straight Off the Chain
1,030 transactions amongst holders of Status Network Token occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Status Network Token increase by 72. To provide context, we’d rank this token as 24 out of the 34 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
How are the Strong Holders of Status Network Token Faring?
In terms of wealth concentration, the richest 1,000 wallets own 96.15% 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 13.36% 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 1.38%.
How Much Development is Occurring?
The last activity date on Status Network Token’s GitHub repository was October 29, 2019, or about 2 days ago. Over the past 30 days, we’ve seen open issues across Status Network Token’s GitHub repositories grow by 0.03 per day on average, while the number of watchers has grown by 0.07.
Status Network Token’s Social Media Presence
Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. You can follow Status Network Token on Twitter here.
Article by SixJupiter
