OmiseGo Price Update
At the time of this writing, OmiseGo has a price of $0.5357 USD, which puts it down by approximately 1.53% from yesterday. OmiseGo is currently in a down, and it should be noted that this is now the the 3rd day in a row that price has been down. Moreover, OmiseGo is now 5.54% below its 20 day moving average. Another data point we may find worthy of observation is that price for OmiseGo has increased 6 of the previous 14 days. And in terms of volume, yesterday’s price move ocurred on volume that was 90.5% 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 OmiseGo imply the currency may oscillate between $0.512709 and $0.621531, based on how price has behaved in the two weeks prior. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
The market capitalization of OmiseGo, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $75 million.
Daily Engagement Metrics Update
NA transactions amongst holders of OmiseGo occurred yesterday. Regarding a tally of holders, Yesterday saw OmiseGo’s wallet count NA by NA. In terms of recurring usage, we can note that NA wallets have sent or received coins in the past month, while NA have in the past day.
How are the Strong Holders of OmiseGo Faring?
And in regards to wealth distribution, note that the top 1,000 OmiseGo wallets hold over 78.53% 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 11.72% of the currency’s money supply. Exchange ownership grew by -0.12% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.05% over that time period.
Article by SixJupiter
