March 26, 2020: Augur (REP): Up 0.52%; 4th Consecutive Up Day


Augur Price Update

At the time of this writing, Augur has a price of $9.239 USD, which puts it up by approximately 0.52% from yesterday. This marked the the 4th consecutive day Augur has been up; it is still in an uptrend, and is currently 3.09% above 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 4 of the past 5 days. As for the volume underlying yesterday’s move, note that the price change occurred on volume that was approximately 87.32% less than its 7 day average volume.

In terms of an expected trading range, the Bollinger bands on Augur suggest price may bounce between $7.471877 and $10.45292 based on its momentum and volatility over the past 14 days. As we are closer to the top of that range, rangebound traders may wish to consider exploring selling opportunities.

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 $102 million.

Daily Engagement Metrics Update

Yesterday saw NA transfers 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.

How are the Strong Holders of Augur Faring?

As for wealth distribution, the richest 1,000 wallets currently own 65.74% 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 1.41% 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 3.05% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.07%.

Article by SixJupiter

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