September 9, 2019: Status Network Token (SNT): Down 1.81%


How Did Status Network Token’s Price Fare Yesterday?

Status Network Token’s current price, at the time of this writing, is $0.01523 USD, down by approximately 1.81% from the day prior. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 8.18% below its 20 day moving average, and is currently in a down trend over the past 14 days. In terms of an expected trading range, the Bollinger bands on Status Network Token suggest price may bounce between $0.014913 and $0.018259 based on its momentum and volatility over the past 14 days. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.

The market capitalization of Status Network Token, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $55 million.

Update on Transactions and Holders

Over the past 24 hours, 108 transfers have been added to the blockchain recording transactions amongst holders of Status Network Token. Regarding a tally of holders, Yesterday saw Status Network Token’s wallet count jump by 4. If we observe percentage growth in holders and transfers, we find that Status Network Token ranks 25 out of the 31 Ethereum tokens we are tracking.

Observing Status Network Token’s Richest Wallets

In terms of wealth concentration, the richest 1,000 wallets own 96.17% 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 11.78% of the currency’s total money supply. Exchange ownership grew by -0.22% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.01% over that time period.

How Active are the Software Developers?

The last activity date on Status Network Token’s GitHub repository was September 05, 2019, or about 4 days ago. 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 0.1.

Status Network Token’s Social Media Presence

If you are interested in following Status Network Token on social media, Facebook, where it has NA following it, may be a good place to start.

Article by SixJupiter

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