How Did Egretia’s Price Fare Yesterday?
At the time of this writing, Egretia has a price of $0.02076 USD, which puts it down by approximately 10.21% from yesterday. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 50.83% below its 20 day moving average, and is currently in a down trend over the past 14 days. Egretia’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 $0.019793 and $0.064646. 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 Egretia, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $98 million.
What Anamolies Occurred Since Yesterday?
Yesterday, the metrics transfers added saw a daily change well outside what is usually experienced. An exploration as to what caused this may be worthwhile.
Straight Off the Chain
Over the past 24 hours, 14,228 transfers have been added to the blockchain recording transactions amongst holders of Egretia. As for the number of holders, yesterday saw the number of wallets holding Egretia increase by 126. If we observe percentage growth in holders and transfers, we find that Egretia ranks 2 out of the 32 Ethereum tokens we are tracking.
Observing Egretia’s Richest Wallets
The top 1,000 Egretia wallets hold over 99.5% of the token’s total 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 13.14% 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 0.11% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -6.03%. The underlying smart contract itself for Egretia owns 0.01% of the total money supply; over the past week, this amount has not changed.
What’s Going on Social Media?
Traders interested in following Egretia has the biggest presence on Facebook, where it has NA users engaged.
Article by SixJupiter
