September 13, 2019: Status Network Token (SNT): Down 0.88%; 3rd Straight Down Day

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Status Network Token Price Update

At the time of this writing, Status Network Token has a price of $0.01457 USD, which puts it down by approximately 0.88% from yesterday. Status Network Token is currently in a down, and it should be noted that this is now the the 3rd consecutive day that price has been down. Moreover, Status Network Token is now 8.25% below its 20 day moving average. 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 $0.015155 and $0.016605, based on how price has behaved in the two weeks prior. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.

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 $51 million.

Update on Transactions and Holders

Yesterday saw 513 transfers amongst holders of Status Network Token. As for the number of holders, yesterday saw the number of wallets holding Status Network Token rise by 13. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Status Network Token ranked 28 out of the 32 Ethereum tokens we’re tracking.

How are the Strong Holders of Status Network Token Faring?

In terms of wealth concentration, the richest 1,000 wallets own 96.19% of the coin’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 11.87% of the currency’s total money supply. Exchange ownership grew by 0.13% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0.01% over that time period.

How Much Development is Occurring?

The last activity date on Status Network Token’s GitHub repository was September 12, 2019, or about 1 days ago. 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 -0.17 per day, while the number of followers watching Status Network Token’s repositories is growing by -0.07.

Status Network Token’s Social Media Presence

If you are interested in following Status Network Token on social media, Twitter, where it has 111,225 following it, may be a good place to start. Use this link to follow Status Network Token on Twitter.

Article by SixJupiter

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