Augur Price Update
Augur is up by approximately 14.35% from the previous day, with its price currently hovering around $7.778 USD. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 33.31% below its 20 day moving average, and is currently in a down trend over the past 14 days. Another data point we may find worthy of observation is that price for Augur has increased 11 of the previous 30 days. As for the volume underlying yesterday’s move, note that the price change occurred on volume that was approximately 93.47% less than its 7 day average volume.
As for Augur’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 $7.975967 and $15.35103. 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 Augur, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $88 million.
Daily Engagement Metrics Update
Yesterday saw NA transfers amongst holders of Augur. Regarding a tally of holders, Yesterday saw Augur’s wallet count NA by NA. To understand loyalty or repeat usage amongst holders of Augur, we can note that there were NA wallets making a transaction yesterday, while NA wallets have sent or received tokens in the past month; this imputes a daily active wallet to monthly active wallet ratio of about NA.
Observing Augur’s Richest Wallets
And in regards to wealth distribution, note that the top 1,000 Augur wallets hold over 62.66% of the token’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 1.36% 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 0.12%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -1.55%.
Article by SixJupiter
