How Did Augur’s Price Fare Yesterday?
Augur’s current price, at the time of this writing, is $11.57 USD, down by approximately 0.6% from the day prior. This marked the the 2nd consecutive day Augur has been down; it is still in a unclear trend, and is currently 5.74% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. To help contextualize yesterday’s price move, we can observe that price has rallied 6 of the past 14 days. And in terms of volume, yesterday’s price move ocurred on volume that was 97.84% less than its 7 day average volume.
In terms of an expected trading range, the Bollinger bands on Augur suggest price may bounce between $11.05288 and $13.49712 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 $127 million US dollars.
Straight Off the Chain
Yesterday saw NA transfers amongst holders of Augur. As for the number of holders, yesterday saw the number of wallets holding Augur NA by 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.
How are the Strong Holders of Augur Faring?
And in regards to wealth distribution, note that the top 1,000 Augur wallets hold over 62.58% of the token’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 2.76% 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 0.05%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.13%.
Article by SixJupiter
