Status Network Token Price Update
Status Network Token is up by approximately 1.24% from the previous day, with its price currently hovering around $0.01551 USD. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a down trend, and is currently 10.03% below its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. 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 $0.014117 and $0.02036, based on how price has behaved in the two weeks prior. 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 $55 million US dollars.
Update on Transactions and Holders
Over the past 24 hours, 194 transfers have been added to the blockchain recording transactions amongst holders of Status Network Token. As for the number of holders, yesterday saw the number of wallets holding Status Network Token jump by 10. To provide context, we’d rank this token as 23 out of the 30 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Just How Rich are Status Network Token’s Richest Holders?
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 11.98% of the currency’s total money supply. Exchange ownership grew by -0.39% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.03% over that time period.
Technical Development Status
Status Network Token hasn’t had any activity on any of its GitHub repos since August 28, 2019 — 6 days prior. 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 -0.03 per day, while the number of followers watching Status Network Token’s repositories is growing by 0.
What’s Going on Social Media?
If you are interested in following Status Network Token on social media, Twitter, where it has 111,351 following it, may be a good place to start. You can follow Status Network Token on Twitter here.
Article by SixJupiter
