Augur Price Update
Augur is up by approximately 1.8% from the previous day, with its price currently hovering around $10.19 USD. The up day for Augur yesterday was a reversal from the day before it, which puts its price at 1.58% 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 17 of the previous 30 days. As for the volume underlying yesterday’s move, note that the price change occurred on volume that was approximately 60.18% less than its 7 day average volume.
In terms of an expected trading range, the Bollinger bands on Augur suggest price may bounce between $9.492183 and $10.57102 based on its momentum and volatility over the past 14 days. Price’s current proximity to the top of the range may make shorting an attractive opportunity to traders interested in trading 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 $112 million.
Straight Off the Chain
Yesterday saw NA transfers 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.
How are the Strong Holders of Augur Faring?
And in regards to wealth distribution, note that the top 1,000 Augur wallets hold over 66.15% of the token’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 1.5% 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 -0.02%; 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
