Egretia Price Update
Egretia’s current price, at the time of this writing, is $0.01709 USD, up by approximately 0.89% from the day prior. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a down trend, and is currently 48.84% below its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on Egretia suggest price may bounce between $0.014167 and $0.052641 based on its momentum and volatility over the past 14 days. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
The currency’s market cap currently stands at $66 million US dollars.
What Anamolies Occurred Since Yesterday?
Since yesterday, Egretia saw anomalous behavior in holders added. It may be worth looking into the causes of this a bit more.
Straight Off the Chain
12,935 transactions amongst holders of Egretia occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding Egretia has gone up by approximately 738. To provide context, we’d rank this token as 4 out of the 32 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Observing Egretia’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 99.3% of the coin’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 13.41% 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 -0.23% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.55%. As for the Egretia’s smart contract itself, that owns 0.01% of the total money supply, an amount unchanged from the week prior.
The Latest on Egretia and Social Media
Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. Use this link to follow Egretia on Twitter.
Article by SixJupiter
