Augur Price Update
Augur is up by approximately 1.83% from the previous day, with its price currently hovering around $10.13 USD. The up day for Augur yesterday was a reversal from the day before it, which puts its price at 1.09% above its 20 day moving average. Over the past two weeks, price has been in a unclear trend. Another data point we may find worthy of observation is that price for Augur has increased 8 of the previous 14 days. As for the volume underlying yesterday’s move, note that the price change occurred on volume that was approximately 56.28% 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 $9.466136 and $10.57606, based on how price has behaved in the two weeks prior. Price’s current proximity to the top of the range may make selling an attractive opportunity to traders interested in trading the range.
As for Augur’s market cap, it is currently at about $111M US dollars.
Update on Transactions and Holders
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.
How are the Strong Holders of Augur Faring?
In terms of wealth concentration, the richest 1,000 wallets own 66.15% 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 1.49% of the currency’s money supply. Exchange ownership grew by 0% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.01% over that time period.
Article by SixJupiter
