Augur Price Update
At the time of this writing, Augur has a price of $10.17 USD, which puts it up by approximately 1.19% from yesterday. Augur enters the day 1.87% above its 20 day moving average, and is experiencing its the 4th day in a row up. From another vantage point, note that price has gone up 6 of the past 10 days. Another data point we may find worthy of observation is that price for Augur has increased 6 of the previous 10 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 $9.532722 and $10.43418, based on how price has behaved in the two weeks prior. As we are closer to the top of that range, rangebound traders may wish to consider exploring selling opportunities.
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.
Update on Transactions and Holders
Over the past 24 hours, NA transfers have been added to the blockchain recording transactions amongst holders of Augur. 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. 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.
Just How Rich are Augur’s Richest Holders?
As for wealth distribution, the richest 1,000 wallets currently own 66.16% of the money supply. If we focus on exchanges, which may be an correlated with liquidity and greater confidence in the currency, the exchange wallets that are in the top 1,000 wallets own 3.32% of the currency’s total money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by 0.01%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 1.81%.
Article by SixJupiter
