Augur: What’s the Latest Regarding its Price?
At the time of this writing, Augur has a price of $9.94 USD, which puts it down by approximately 1.97% from yesterday. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in an up trend, and is currently 13.9% above its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. To help contextualize yesterday’s price move, we can observe that price has rallied 7 of the past 10 days. As for the volume underlying yesterday’s move, note that the price change occurred on volume that was approximately 95.15% less than its 7 day average volume.
Traders looking for a range to trade within may wish to note that the Bollinger bands (a price indicator based on recent momentum and volatility) for Augur imply the currency may oscillate between $7.047809 and $10.40679, based on how price has behaved in the two weeks prior. As we are closer to the top of that range, rangebound traders may wish to consider exploring selling opportunities.
The currency’s market cap currently stands at $109 million US dollars.
Daily Engagement Metrics Update
Yesterday saw NA transfers amongst holders of Augur. 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.
Just How Rich are Augur’s Richest Holders?
As for wealth distribution, the richest 1,000 wallets currently own 66.04% of the money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 1.36% 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 0.3%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.07%.
Article by SixJupiter