March 31, 2020: Augur (REP): Up 6.49%; 2nd Consecutive Up Day


How Did Augur’s Price Fare Yesterday?

Augur’s current price, at the time of this writing, is $10.66 USD, up by approximately 6.49% from the day prior. Augur enters the day 24.01% above its 20 day moving average, and is experiencing its the 2nd day in a row up. Another data point we may find worthy of observation is that price for Augur has increased 3 of the previous 5 days. And in terms of volume, yesterday’s price move ocurred on volume that was 88.84% 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 $6.742591 and $10.45021, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain selling, as we are nearer to the top 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 $118 million.

Straight Off the Chain

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. 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.

Just How Rich are Augur’s Richest Holders?

As for wealth distribution, the richest 1,000 wallets currently own 65.76% 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 1.34% of the currency’s money supply. Exchange ownership grew by -0.1% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 2.29% over that time period.

Article by SixJupiter

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