March 25, 2020: Augur (REP): Up 1.17%; 3rd Consecutive Up Day

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Augur: What’s the Latest Regarding its Price?

Augur is up by approximately 1.17% from the previous day, with its price currently hovering around $8.749 USD. Augur is currently in a unclear , but it should be noted that this is now the the 3rd day in a row that price has been up. Moreover, Augur is now 4.02% below its 20 day moving average. To help contextualize yesterday’s price move, we can observe that price has rallied 15 of the past 30 days. And in terms of volume, yesterday’s price move ocurred on volume that was 95.87% less than its 7 day average volume.

In terms of an expected trading range, the Bollinger bands on Augur suggest price may bounce between $7.709702 and $10.522 based on its momentum and volatility over the past 14 days. 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 $96 million.

Daily Engagement Metrics Update

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 65.75% of the coin’s total money supply. If we focus on exchanges, which may be an correlated with liquidity and greater confidence in the currency, the exchange wallets that are in the top 1,000 wallets own 1.43% of the currency’s total money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by 3.02%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.08%.

Article by SixJupiter

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