March 24, 2020: Augur (REP): Up 1.45%; 2nd Straight Up Day


How Did Augur’s Price Fare Yesterday?

At the time of this writing, Augur has a price of $8.61 USD, which puts it up by approximately 1.45% from yesterday. Augur is currently in a unclear , but it should be noted that this is now the the 2nd consecutive day that price has been up. Moreover, Augur is now 7.46% below its 20 day moving average. To help contextualize yesterday’s price move, we can observe that price has rallied 14 of the past 30 days. As for the volume underlying yesterday’s move, note that the price change occurred on volume that was approximately 98.2% 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 Augur imply the currency may oscillate between $6.989945 and $11.61905, 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.

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 $95 million.

Update on Transactions and Holders

Yesterday saw NA transfers amongst holders of Augur. As for the number of holders, yesterday saw the number of wallets holding Augur NA by 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 Augur’s Richest Wallets

In terms of wealth concentration, the richest 1,000 wallets own 63.47% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 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 0.74% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.06%.

Article by SixJupiter

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