Augur Price Update
Augur is up by approximately 3.35% from the previous day, with its price currently hovering around $8.341 USD. This marked the the 3rd straight day Augur has been up; it is still in a downtrend, and is currently 18.64% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. From another vantage point, note that price has gone up 4 of the past 5 days. Another data point we may find worthy of observation is that price for Augur has increased 4 of the previous 5 days.
As for Augur’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 $5.597713 and $14.90579. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
The currency’s market cap currently stands at $91 million US dollars.
Update on Transactions and Holders
Over the past 24 hours, NA transfers have been added to the blockchain recording transactions amongst holders of Augur. Regarding a tally of holders, Yesterday saw Augur’s wallet count NA by 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 Augur’s Richest Holders?
And in regards to wealth distribution, note that the top 1,000 Augur wallets hold over 62.69% of the token’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 1.34% of the currency’s money supply. Exchange ownership grew by -1.43% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0.1% over that time period.
Article by SixJupiter
