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Price Action

Over the past week, IOS token saw its price go up by 35.58%. It is above its 20 day moving average by 27.05%, so it’s a bit of a ways off. IOS token’s bullish momentum, if assessed by its distance from its 20 day moving average, is well above average relative to its peers, and thus may be a sign the market for the coin is overheating and due to correct downwards. In terms of volatility, IOS token exhibits greater price volatility than approximately 74% of coins in our index, so traders can expect a bit more volatility than usual. Looking ahead, if the upcoming week mirrors the volatility of three past three weeks, the price range for IOS token in US dollars is expected to be between $0.003591839 and $0.005861461.

Where to trade IOS token (symbol: IOST): Gate, Yobit, Stex, Binance, DDEX, ETHfinex

Volume Update

In the week prior, the daily volume for IOST has ranged between 25,337,229 and 268,549,058 currency units. Over the past three weeks, volume has a clearn upwards trend, but the trend in price is not as clear. Over the past week, IOST saw its trading turnover — which we define as average daily trading volume divided by circulating supply — register at 0.96%. Its turnover rate is more than approximately 57.14% of the cryptocurrencies in our index, so it’s middle-of-the-pack; investors/traders may thus wish to consider their liquidity requirements to make sure the coin matches their needs and their expected trading volume.

Technology Development Status

IOST currently has 30 public repos on GitHub, with the oldest one clocking in at 1.58 years young. The last recorded update to its public repositories was within the past day, which is pretty good, as it suggests the coin is still under active and rapid technical development. IOST’s public repos now have 682 which is pretty good, relatively speaking; specifically, that’s more than 66 % of the top 100 coins we’re looking at. The coin has 62 total outstanding issues across all 30 of its public repositories on GitHub. Its number of watchers, when viewed against its open issues count, seems to be in good shape. To elaborate: the ratio of open issues to developers who are watching IOST’s GitHub repos is more favorable than 61% of similar coins in our index.

IOST News and Commentary

We found 2 links over the past week about IOST that we thought were especially worth sharing. If possible we included a brief excerpt from the article — be sure to click through for the entire piece.

IOST THE POWER OF BLOCKCHAIN – Abdul Rohim

1,000,000,000 iBC in Awareness Awards from Boo

Article by SixJupiter

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