September 22, 2019: Hydro Protocol (HOT): Up 18.09%; Price Crosses 20 Day Average

January 24, 2020: Hydro Protocol (hot): Down 33.83%; Surprising Moves In Price; Price Crosses 20 Day Average
January 24, 2020: Hydro Protocol (hot): Down 33.83%; Surprising Moves In Price; Price Crosses 20 Day Average
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How Did Hydro Protocol’s Price Fare Yesterday?

Hydro Protocol is up by approximately 18.09% from the previous day, with its price currently hovering around $0.00823 USD. The up day for Hydro Protocol yesterday was a reversal from the day before it, which puts its price at 8.47% above its 20 day moving average. Over the past two weeks, price has been in a unclear trend. 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 Hydro Protocol imply the currency may oscillate between $0.004146 and $0.011028, based on how price has behaved in the two weeks prior. As we are closer to the top of that range, rangebound traders may wish to consider exploring selling opportunities.

Where to trade Hydro Protocol (symbol: HOT): Gate, Yobit, Binance, DDEX, Ethfinex

October 29, 2019: Hydro Protocol (hot): Down 17.96%

The market capitalization of Hydro Protocol, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $114 million.

Daily Engagement Metrics Update

Over the past 24 hours, no transfers have been added to the blockchain recording transactions amongst holders of Hydro Protocol. Regarding a tally of holders, Yesterday saw Hydro Protocol’s wallet count drop by 0. To provide context, we’d rank this token as 22 out of the 30 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.

How are the Strong Holders of Hydro Protocol Faring?

In terms of wealth concentration, the richest 1,000 wallets own 59.97% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 14.64% of the currency’s money supply. Exchange ownership grew by -0.05% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0% over that time period. The underlying smart contract itself for Hydro Protocol owns 0% of the total money supply; over the past week, this amount has not changed.

How Much Development is Occurring?

The last activity date on Hydro Protocol’s GitHub repository was September 17, 2019, or about 5 days ago. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Hydro Protocol are growing by 0 and 0.13, respectively, over the past 30 days.

What’s Going on Social Media?

Facebook appears to be the most popular place to follow the company, and thus may be worth monitoring.

Where to Buy

You can trade Hydro Protocol, listed under the symbol HOT, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex. October 29, 2019: Hydro Protocol (hot): Down 17.96%

Article by SixJupiter