LEO Token: What’s the Latest Regarding its Price?
LEO Token’s current price, at the time of this writing, is $1.103 USD, down by approximately 1.96% from the day prior. This marked the the 2nd consecutive day LEO Token has been down; it is still in a unclear trend, and is currently 2.63% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. LEO 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 $0.523862 and $1.741628. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
The currency’s market cap currently stands at $1,110 million US dollars.
Unusual Developments
Yesterday, the metrics holders 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
Over the past 24 hours, 62 transfers have been added to the blockchain recording transactions amongst holders of LEO Token. In terms of estimating the number of holders, over the past day the total number of wallets holding LEO Token has gone up by approximately 9. If we observe percentage growth in holders and transfers, we find that LEO Token ranks 18 out of the 29 Ethereum tokens we are tracking.
Just How Rich are LEO Token’s Richest Holders?
In terms of wealth concentration, the richest 1,000 wallets own 100% 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 95.23% of the currency’s total money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by 0%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.15%.
LEO Token’s Social Media Presence
If you are interested in following LEO Token on social media, Twitter, where it has 507,819 following it, may be a good place to start. Use this link to follow LEO Token on Twitter.
Article by SixJupiter
