Status Network Token Price Update
Status Network Token is down by approximately 2.05% from the previous day, with its price currently hovering around $0.01431 USD. The down day for Status Network Token yesterday was a reversal from the day before it, which puts its price at 5.53% below its 20 day moving average. Over the past two weeks, price has been in a down trend. Status Network Token’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 $0.014172 and $0.016123. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
The currency’s market cap currently stands at $51 million US dollars.
What Anamolies Occurred Since Yesterday?
Yesterday, the metrics transfers added saw a daily change well outside what is usually experienced. An exploration as to what caused this may be worthwhile.
Straight Off the Chain
385 transactions amongst holders of Status Network Token occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding Status Network Token has gone up by approximately 0. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Status Network Token ranked 29 out of the 50 Ethereum tokens we’re tracking.
Just How Rich are Status Network Token’s Richest Holders?
The top 1,000 Status Network Token wallets hold over 96.2% 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 11.95% 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 0.1%.
The Latest on Status Network Token and Social Media
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
