How Did OmiseGo’s Price Fare Yesterday?
At the time of this writing, OmiseGo has a price of $0.5904 USD, which puts it down by approximately 1.49% from yesterday. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 4.23% above its 20 day moving average, and is currently in a unclear trend over the past 14 days. Another data point we may find worthy of observation is that price for OmiseGo has increased 8 of the previous 14 days. Another data point we may find worthy of observation is that price for OmiseGo has increased 8 of the previous 14 days.
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 $0.512754 and $0.620106. As we are closer to the top of that range, rangebound traders may wish to consider exploring shorting opportunities.
The currency’s market cap currently stands at $82 million US dollars.
Straight Off the Chain
Over the past 24 hours, NA transfers have been added to the blockchain recording transactions amongst holders of OmiseGo. Regarding a tally of holders, Yesterday saw OmiseGo’s wallet count NA by NA. To understand loyalty or repeat usage amongst holders of OmiseGo, 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 OmiseGo’s Richest Holders?
As for wealth distribution, the richest 1,000 wallets currently own 78.57% 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 11.83% of the currency’s money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by -0.03% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.05%.
Article by SixJupiter
