Augur Price Update
At the time of this writing, Augur has a price of $9.752 USD, which puts it down by approximately 2.23% 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 a unclear trend, and is currently 2.61% below 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 17 of the past 30 days. Another data point we may find worthy of observation is that price for Augur has increased 17 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 $9.478137 and $10.54946. 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 $107 million.
Straight Off the Chain
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.
Just How Rich are Augur’s Richest Holders?
As for wealth distribution, the richest 1,000 wallets currently own 66.18% of the money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 1.6% 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 0.03%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.02%.
Article by SixJupiter
