How Did Augur’s Price Fare Yesterday?
Augur is down by approximately 2.01% from the previous day, with its price currently hovering around $10.25 USD. The down day for Augur yesterday was a reversal from the day before it, which puts its price at 2.31% above 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 4 of the past 5 days. As for the volume underlying yesterday’s move, note that the price change occurred on volume that was approximately 97.18% less than its 7 day average volume.
In terms of an expected trading range, the Bollinger bands on Augur suggest price may bounce between $9.470553 and $10.56675 based on its momentum and volatility over the past 14 days. 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 $113 million.
Straight Off the Chain
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. 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.
Observing Augur’s Richest Wallets
As for wealth distribution, the richest 1,000 wallets currently own 66.19% 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 3.17% of the currency’s total money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by 0.05% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 1.68%.
Article by SixJupiter
