September 13, 2019: Qubitica (QBIT): Down 0.93%


How Did Qubitica’s Price Fare Yesterday?

Qubitica is down by approximately 0.93% from the previous day, with its price currently hovering around $32.85 USD. The down day for Qubitica yesterday was a reversal from the day before it, which puts its price at 0.04% above its 20 day moving average. Over the past two weeks, price has been in an up trend. Qubitica’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 $31.16669 and $34.50631. Given its boundaries, rangebound traders may find it compelling to entertain shorting, as we are nearer to the top of the range.

As for Qubitica’s market cap, it is currently at about $69M US dollars.

Update on Transactions and Holders

Yesterday saw 54 transfers amongst holders of Qubitica. In terms of estimating the number of holders, over the past day the total number of wallets holding Qubitica has gone up by approximately 4. To provide context, we’d rank this token as 6 out of the 32 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.

How are the Strong Holders of Qubitica Faring?

Of the coin’s total money supply, the richest 1,0000 wallets currently own 99.76%.

How Active are the Software Developers?

In terms of how active the software development team working on Qubitica is, it may be worth observing that the last time any work pertaining to code was done on their GitHub code repository was on August 20, 2019, or approximately 24 days before. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Qubitica were completely flat over the past 30 days; in other words, there has been no development work reported on GitHub over the past month.

What’s Going on Social Media?

Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. You can follow Qubitica on Twitter here.

Article by SixJupiter

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