Augur Price Update
Augur’s current price, at the time of this writing, is $9.599 USD, up by approximately 1.05% from the day prior. The up day for Augur yesterday was a reversal from the day before it, which puts its price at 3.7% below its 20 day moving average. Over the past two weeks, price has been in a unclear trend. To help contextualize yesterday’s price move, we can observe that price has rallied 2 of the past 5 days. Another data point we may find worthy of observation is that price for Augur has increased 2 of the previous 5 days.
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 $9.342015 and $10.59398, based on how price has behaved in the two weeks prior. Price’s current proximity to the bottom of the range may make buying 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 $105 million.
Straight Off the Chain
NA transactions amongst holders of Augur occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding Augur has gone NA by approximately 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?
In terms of wealth concentration, the richest 1,000 wallets own 66.14% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 3.47% 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 -0.04% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 1.87%.
Article by SixJupiter
