September 10, 2019: Status Network Token (SNT): Up 1.25%


How Did Status Network Token’s Price Fare Yesterday?

Status Network Token’s current price, at the time of this writing, is $0.01542 USD, up by approximately 1.25% from the day prior. The up day for Status Network Token yesterday was a reversal from the day before it, which puts its price at 6.51% below its 20 day moving average. Over the past two weeks, price has been in a down trend. Traders looking for a range to trade within may wish to note that the Bollinger bands (a price indicator based on recent momentum and volatility) for Status Network Token imply the currency may oscillate between $0.015283 and $0.017704, based on how price has behaved in the two weeks prior. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.

As for Status Network Token’s market cap, it is currently at about $54M US dollars.

Straight Off the Chain

Yesterday saw 336 transfers amongst holders of Status Network Token. Regarding a tally of holders, Yesterday saw Status Network Token’s wallet count jump by 22. If we observe percentage growth in holders and transfers, we find that Status Network Token ranks 25 out of the 31 Ethereum tokens we are tracking.

How are the Strong Holders of Status Network Token Faring?

The top 1,000 Status Network Token wallets hold over 96.17% 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 11.84% 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 -0.02% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.14%.

Technical Development Status

In terms of how active the software development team working on Status Network Token is, it may be worth observing that the last time any work pertaining to code was done on their GitHub code repository was on September 05, 2019, or approximately 5 days before. To understand how code development is progressing, we can observe growth rates over the past 30 days in the number of open issues and the number of watchers: open issuers have been growing at about -0.03 per day, while the number of followers watching Status Network Token’s repositories is growing by 0.1.

Status Network Token’s Social Media Presence

If you are interested in following Status Network Token on social media, Twitter, where it has 111,263 following it, may be a good place to start. Here is the Twitter page for Status Network Token.

Article by SixJupiter

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