How Did Augur’s Price Fare Yesterday?
Augur is down by approximately 2.61% from the previous day, with its price currently hovering around $7.756 USD. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 31.78% below its 20 day moving average, and is currently in a down trend over the past 14 days. From another vantage point, note that price has gone up 11 of the past 30 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 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 $7.244249 and $15.49495. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
As for Augur’s market cap, it is currently at about $86M US dollars.
Update on Transactions and Holders
NA transactions amongst holders of Augur occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding Augur has gone NA by approximately 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.
How are the Strong Holders of Augur Faring?
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 1.35% of the currency’s total money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by 0.1% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -1.56%.
Article by SixJupiter
