Augur Price Update
Augur is up by approximately 0.68% from the previous day, with its price currently hovering around $10.32 USD. Augur enters the day 8.6% above its 20 day moving average, and is experiencing its the 2nd day in a row up. From another vantage point, note that price has gone up 5 of the past 10 days. As for the volume underlying yesterday’s move, note that the price change occurred on volume that was approximately 93.83% less than its 7 day average volume.
As for Augur’s expected trading range — as forecasted by the Bollinger bands indicator, which determines a range based on momentum and volatility over the past two weeks — is between $8.86613 and $10.13867. Price’s current proximity to the top of the range may make selling 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 $114 million.
Daily Engagement Metrics Update
Yesterday saw NA transfers 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 further our understanding of engagement we can observe the ratio of daily active users to monthly active users; that ratio now stands at NA, with NA wallets making a transfer this past day and NA wallets having made a transfer in the past month.
How are the Strong Holders of Augur Faring?
In terms of wealth concentration, the richest 1,000 wallets own 66.15% of the coin’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 1.62% 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 0.39%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.28%.
Article by SixJupiter
