Augur Price Update
Augur’s current price, at the time of this writing, is $10.09 USD, up by approximately 5.17% from the day prior. The up day for Augur yesterday was a reversal from the day before it, which puts its price at 0.94% above its 20 day moving average. Over the past two weeks, price has been in a unclear trend. From another vantage point, note that price has gone up 6 of the past 10 days. Another data point we may find worthy of observation is that price for Augur has increased 6 of the previous 10 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 $9.439996 and $10.5516. As we are closer to the top of that range, rangebound traders may wish to consider exploring shorting opportunities.
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 $111 million.
Daily Engagement Metrics Update
Over the past 24 hours, NA transfers have been added to the blockchain recording transactions amongst holders of Augur. As for the number of holders, yesterday saw the number of wallets holding Augur 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
As for wealth distribution, the richest 1,000 wallets currently own 66.14% of the 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 1.55% 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 -0.01%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.03%.
Article by SixJupiter
