How Did Qubitica’s Price Fare Yesterday?
Qubitica is down by approximately 0.32% from the previous day, with its price currently hovering around $34.5 USD. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 5.46% above its 20 day moving average, and is currently in an up trend over the past 14 days. 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 Qubitica imply the currency may oscillate between $30.92624 and $34.50376, based on how price has behaved in the two weeks prior. Price’s current proximity to the top of the range may make selling an attractive opportunity to traders interested in trading the range.
The market capitalization of Qubitica, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $72 million.
Straight Off the Chain
Yesterday saw 20 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 3. If we observe percentage growth in holders and transfers, we find that Qubitica ranks 11 out of the 33 Ethereum tokens we are tracking.
Just How Rich are Qubitica’s Richest Holders?
In terms of wealth concentration, the richest 1,000 wallets own 99.76% of the coin’s total money supply.
How Much Development is Occurring?
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 26 days before. Over the past 30 days, we’ve seen no growth in open issues or in the number of watchers on GitHub. This may suggest GitHub is not being used, or the code is not being maintained.
Qubitica’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 Qubitica on Twitter here.
Article by SixJupiter
