OmiseGo Price Update
OmiseGo’s current price, at the time of this writing, is $0.5017 USD, up by approximately 7.22% from the day prior. OmiseGo enters the day 28.34% below its 20 day moving average, but is experiencing its the 3rd straight day up. From another vantage point, note that price has gone up 4 of the past 5 days. As for the volume underlying yesterday’s move, note that the price change occurred on volume that was approximately 453.78% greater than its 7 day average volume.
As for OmiseGo’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 $0.319123 and $1.081077. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
The currency’s market cap currently stands at $69 million US dollars.
Straight Off the Chain
NA transactions amongst holders of OmiseGo occurred yesterday. Regarding a tally of holders, Yesterday saw OmiseGo’s wallet count NA by NA. In terms of recurring usage, we can note that NA wallets have sent or received coins in the past month, while NA have in the past day.
Observing OmiseGo’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 78.65% of the coin’s total money supply. The percent of the currency that is owned by wallets that are both belonging to exchanges and in the top 1,000 richest wallets of the token comes out to 12.05% of the currency’s 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 -0.89%.
Article by SixJupiter
