OmiseGo: What’s the Latest Regarding its Price?
OmiseGo’s current price, at the time of this writing, is $0.4788 USD, down by approximately 5.36% from the day prior. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 41.27% below its 20 day moving average, and is currently in a down trend over the past 14 days. Another data point we may find worthy of observation is that price for OmiseGo has increased 14 of the previous 30 days. And in terms of volume, yesterday’s price move ocurred on volume that was 86.72% less than its 7 day average volume.
Traders looking for a range to trade within may wish to note that the Bollinger bands (a price indicator based on recent momentum and volatility) for OmiseGo imply the currency may oscillate between $0.461441 and $1.168979, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
As for OmiseGo’s market cap, it is currently at about $67M US dollars.
Update on Transactions and Holders
NA transactions amongst holders of OmiseGo occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding OmiseGo 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.
Just How Rich are OmiseGo’s Richest Holders?
As for wealth distribution, the richest 1,000 wallets currently own 78.56% of the 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 12.28% 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 0.03%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.96%.
Article by SixJupiter
