September 19, 2019: Qubitica (QBIT): Down 2.31%


How Did Qubitica’s Price Fare Yesterday?

At the time of this writing, Qubitica has a price of $37.59 USD, which puts it down by approximately 2.31% from yesterday. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in an up trend, and is currently 11.85% above its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on Qubitica suggest price may bounce between $29.06504 and $38.15296 based on its momentum and volatility over the past 14 days. As we are closer to the top of that range, rangebound traders may wish to consider exploring selling opportunities.

The currency’s market cap currently stands at $81 million US dollars.

Daily Engagement Metrics Update

Over the past 24 hours, 17 transfers have been added to the blockchain recording transactions 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 5. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Qubitica ranked 13 out of the 33 Ethereum tokens we’re tracking.

Observing Qubitica’s Richest Wallets

In terms of wealth concentration, the richest 1,000 wallets own 99.76% of the coin’s total money supply.

Technical Development Status

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 30 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.

The Latest on Qubitica and Social Media

In terms of social media presence, Qubitica saw its Twitter followers go up by 44 over the past 24 hours. Traders interested in following Qubitica has the biggest presence on Twitter, where it has 1,724 users engaged. Here is the Twitter page for Qubitica.

Article by SixJupiter

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