HYDROP Crypto
HYDROP is trading at 0.025 as of the 30th of November 2024, a No Change since the beginning of the trading day. Cryptocurrency ratings for HYDROP are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
HYDROP is a digital token from an online marketplace for P2P digital cash denominated as Cryptocurrency. Please note that HYDROP has not been traded in the last 3 months and is extremely volatile. Cryptocurrencies such as HYDROP are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as HYDROP are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.
HYDROP Crypto Coin Highlights
Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. HYDROP's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding HYDROP or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
| Business Concentration | Technology, Cryptocurrency, Blockchain (View all Sectors) |
HYDROP is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on few exchanges in multiple currencies. Hydro Protocol (HOT) is a middleware layer aimed at enhancing decentralised exchanges by addressing challenges like performance, arbitrage, and usability. It introduces a shared liquidity model and an incentive mechanism using HOT tokens to encourage liquidity provision and cooperation among exchanges. The protocol is demonstrated through the DDEX platform, which implements the hybrid model to facilitate efficient, decentralised trading on the Ethereum network. | |
| Other Smart Contract Address | View |
| Industry | Financial and Insurance Activities |
| FINMA | Utility |
| FCA | Utility |
| Access | Permissionless |
| Collateralized Asset | No |
| Symbol | HYDROP |
| Name | HYDROP |
| Sponsored | false |
| Built On | ETH |
| Asset Whitepaper Url | View |
| Decimal Points | 18.0 |
| Is Trading | true |
| Asset Launch Date | 2018-01-16 |
| Full Name | Hydro Protocol (HYDROP) |
| Asset Website Url | https://hydroprotocol.io/ |
| Platform Type | token |
| Coin Name | Hydro Protocol |
| Total Coins Mined | 1.56 Billion |
| Smart Contract Address | View |
HYDROP (HYDROP) is traded on CRYPTO Exchanges. HYDROP is peer-to-peer digital currency powered by the Blockchain technology. The coin currently falls under '' category with a current market capitalization of 0. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate HYDROP's market, we take the total number of its shares issued and multiply it by HYDROP's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
HYDROP's Exchanges and Markets
HYDROP Against Markets
HYDROP Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with HYDROP crypto coin to make a market-neutral strategy. Peer analysis of HYDROP could also be used in its relative valuation, which is a method of valuing HYDROP by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Investing Ideas
In addition to having HYDROP in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Thematic Opportunities
Explore Investment Opportunities
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.