Augur: What’s the Latest Regarding its Price?
Augur is down by approximately 5.37% from the previous day, with its price currently hovering around $9.766 USD. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 10.03% above its 20 day moving average, and is currently in an up trend over the past 14 days. 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 89.55% less than its 7 day average volume.
As for Augur’s expected trading range — as forecasted by the Bollinger bands indicator, which determines a range based on momentum and volatility over the past two weeks — is between $6.888462 and $10.86304. Price’s current proximity to the top of the range may make shorting an attractive opportunity to traders interested in trading 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 $107 million.
Straight Off the Chain
NA transactions amongst holders of Augur occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Augur 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.
Observing Augur’s Richest Wallets
And in regards to wealth distribution, note that the top 1,000 Augur wallets hold over 65.74% of the token’s total 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 1.35% 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 3.06% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.07%.
Article by SixJupiter
