OmiseGo Price Update
At the time of this writing, OmiseGo has a price of $0.4462 USD, which puts it down by approximately 4.21% 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 37.74% below its 20 day moving average, and is currently in a down trend over the past 14 days. To help contextualize yesterday’s price move, we can observe that price has rallied 15 of the past 30 days. Another data point we may find worthy of observation is that price for OmiseGo has increased 15 of the previous 30 days.
In terms of an expected trading range, the Bollinger bands on OmiseGo suggest price may bounce between $0.307414 and $1.125936 based on its momentum and volatility over the past 14 days. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
As for OmiseGo’s market cap, it is currently at about $63M US dollars.
Daily Engagement Metrics Update
Yesterday saw NA transfers amongst holders of OmiseGo. 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. In terms of recurring usage, we can note that NA wallets have sent or received coins in the past month, while NA have in the past day.
Observing OmiseGo’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 78.63% 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 12.03% 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 0.1%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -1.04%.
Article by SixJupiter
