March 31, 2020: OmiseGo (OMG): Up 0.79%; 2nd Consecutive Up Day

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OmiseGo Price Update

OmiseGo is up by approximately 0.79% from the previous day, with its price currently hovering around $0.5129 USD. OmiseGo is currently in a unclear , and it should be noted that this is now the the 2nd straight day that price has been up. Moreover, OmiseGo is now 3.57% above its 20 day moving average. Another data point we may find worthy of observation is that price for OmiseGo has increased 6 of the previous 10 days. Another data point we may find worthy of observation is that price for OmiseGo has increased 6 of the previous 10 days.

As for OmiseGo’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 $0.449689 and $0.540721. 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 OmiseGo’s market cap, it is currently at about $72M US dollars.

Update on Transactions and Holders

NA transactions amongst holders of OmiseGo occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding OmiseGo 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.

How are the Strong Holders of OmiseGo Faring?

And in regards to wealth distribution, note that the top 1,000 OmiseGo wallets hold over 78.64% 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 12.42% 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 0% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.04%.

Article by SixJupiter

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