Token highlights: Holo

HOT (Holo) as Large-cap Ethereum based Token is 101 in 2100NEWS ranking. HOT has a slightly below-average quality of the order book. The average quality of the order book for large caps members of NWSL100 index is 9.2. What is the true value criterion in the crypto world?

*Among all, the price is always at the forefront. By comparing with the index, we can gauge the price-performance with similar digital assets that are members of the index. Considering an investor’s point of view, peer comparison should be efficient and effective. We present you tokens that are worth keeping in mind when you create a buying list to go into the crypto world.

 

About token

LoopringHolo has been launched in 30 exchanges

HOT as Large-cap Ethereum based Token is 39 in 2100NEWS ranking (after Index Review of 16th August 2019). It is an Index member: NWST1100, NWSL100, NWSTo100, NWSET100, NWSDM100 


HOT has a slightly below-average quality of the order book mark 9.  (The average for large caps members of NWSL100 index is 9.2.)


Over the past week, the average market cap was 111.4 million $, average daily volume was 5.9 million $.


To make appropriate peers comparison we gauged the HOT (Holo) token with 2100NEWS Digital Assets 100 Large Cap Index (NWSL100). Looking at the chart below, at the top we can see the original HOT price, in the middle of the chart is HOT vs. NWSL100, at the bottom of the chart are NWSL100 and correlation between HOT and NWSL100. HOT grew and beat the index in May, followed by a nearly three-month pullback. On average (EMA25 – green area graph), the relationship between HOT and NWSL100 has remained similar since the end of May, meaning it was losing vs NWSL100. However, the correlation graph gives us an explanation that exists periods when the HOT was moving in the same direction as the NWSL100 (positive correlation) and the period from June 20 to July 20 when it was moving in the opposite direction as the NWSL100.

 

According to Etherscan, there are 30,204 token holders (at the time of this article’s writing).

 

2100NEWS observation:

Their plan is to build a marketplace fo distributed apps of the future. Their roadmap is  formed on this idea. Now they are testing the Holo network – capable of serving Holochain distributed apps with rollout over multiple waves. It is common knowledge that if you want your services to be used, people need to be taught how. Holo is well aware of that. We can learn on their website how to become a host. They invest heavily in communications with the community. Their Telegram has 13,122 members. 

 

About Holo – what they do

Holo is a distributed peer-to-peer hosting platform for Holochain apps (hApps), a bridge to the new Internet. It acts as a bridge between the distributed Holochain apps and the current centralized web. Holo brings access to distributed applications to the familiar web browser by creating an ecosystem and currency that enable distributed hosting services provided by peers.

Holochain is an open source framework for building fully distributed, peer-to-peer applications. Holochain apps are versatile, resilient, scalable, and thousands of times more efficient than blockchain (no token or mining required). The purpose of Holochain is to enable humans to interact with each other by mutual-consent to a shared set of rules, without relying on any authority to dictate or unilaterally change those rules. If you want to ask them anything, you can submit your question before the AMA on Thursday, September 12th, 2019 at 6 pm UTC – AMA No. 30 w. Your questions will be answered by: Matt Schutte, Eric Harris-Braun, and David Atkinson.

 

General information   

Holo started in 2017, jurisdiction is in Gibraltar. Their team is very big. Arthur Brock and Eric-Harris Braun are co-founders. Arthur Brock is also Chief Architect of Holochain, while David Meister represents Holochain core.

Exchanges: ABCC, Alterdice, BigONE, Bilaxy, Binance, BiteBTC, Bitrue, BKEX, Cashierest, Cat.Ex, CoinEx, CoinExchange, CoinPlace, Crex24, Dcoin, Fatbtc, GDAC, GOPAX, Hotbit, IDEX, LATOKEN, Livecoin, MXC, Paribu, ProBit Exchange, Sistemkoin, Switcheo Network, Trade.io, Vebitcoin, WazirX

Website: https://holo.host/           https://holochain.org/

You can follow them:     Twitter     Medium     Reddit

 

Do you know more about this topic or would you like to report an error in the text? Leave a comment or email us at info@2100news.com.

 

The Crypto Highlights are considered the opinion of 2100News and the material is for informational purposes only and 2100News is not soliciting any action based upon such material. The material is not to be construed as an offer or a recommendation to buy or sell a security nor is it to be construed as investment advice. At the time of this article’s writing, the author did not hold any tokens HOT.


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