How Did Augur’s Price Fare Yesterday?
Augur’s current price, at the time of this writing, is $9.951 USD, down by approximately 1.18% from the day prior. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 13.88% above its 20 day moving average, and is currently in an up trend over the past 14 days. From another vantage point, note that price has gone up 16 of the past 30 days. As for the volume underlying yesterday’s move, note that the price change occurred on volume that was approximately 96.23% 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 $6.553294 and $10.92241, based on how price has behaved in the two weeks prior. Price’s current proximity to the top of the range may make selling an attractive opportunity to traders interested in trading the range.
As for Augur’s market cap, it is currently at about $110M US dollars.
Update on Transactions and Holders
Over the past 24 hours, NA transfers have been added to the blockchain recording transactions amongst holders of Augur. 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.
Just How Rich are Augur’s Richest Holders?
As for wealth distribution, the richest 1,000 wallets currently own 65.75% of the 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 1.33% 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 3.08%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -0.12%.
Article by SixJupiter
