March 22, 2020: Augur (REP): Up 1.95%; 2nd Straight Up Day

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May 11, 2020: Augur (rep): Up 8.97%
May 11, 2020: Augur (rep): Up 8.97%

Augur: What’s the Latest Regarding its Price?

At the time of this writing, Augur has a price of $8.78 USD, which puts it up by approximately 1.95% from yesterday. Augur enters the day 9.92% below its 20 day moving average, but is experiencing its the 2nd straight day up. To help contextualize yesterday’s price move, we can observe that price has rallied 7 of the past 10 days. As for the volume underlying yesterday’s move, note that the price change occurred on volume that was approximately 96.75% less than its 7 day average volume.

In terms of an expected trading range, the Bollinger bands on Augur suggest price may bounce between $6.219504 and $13.2734 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.

May 11, 2020: Augur (rep): Up 8.97%

The market capitalization of Augur, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $97 million.

Daily Engagement Metrics Update

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 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?

As for wealth distribution, the richest 1,000 wallets currently own 62.67% 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 1.45% of the currency’s money supply. Exchange ownership grew by 0.1% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.03% over that time period. May 11, 2020: Augur (rep): Up 8.97%

Article by SixJupiter