Augur Price Update
Augur is down by approximately 0.81% from the previous day, with its price currently hovering around $7.7 USD. This marked the the 2nd straight day Augur has been down; it is still in a downtrend, and is currently 18.67% 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. As for the volume underlying yesterday’s move, note that the price change occurred on volume that was approximately 97.53% less than its 7 day average volume.
In terms of an expected trading range, the Bollinger bands on Augur suggest price may bounce between $6.471074 and $12.46513 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 Augur’s market cap, it is currently at about $85M US dollars.
Straight Off the Chain
Yesterday saw NA transfers 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 63.12% 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 1.44% of the currency’s money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by 0.4% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.03%.
Article by SixJupiter
