May 10, 2020: Augur (REP): Down 9.34%; 2nd Consecutive Down Day

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How Did Augur’s Price Fare Yesterday?

At the time of this writing, Augur has a price of $11.65 USD, which puts it down by approximately 9.34% from yesterday. Augur is currently in an up, but it should be noted that this is now the the 2nd consecutive day that price has been down. Moreover, Augur is now 6.7% above its 20 day moving average. From another vantage point, note that price has gone up 2 of the past 5 days. Another data point we may find worthy of observation is that price for Augur has increased 2 of the previous 5 days.

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 $9.006684 and $12.83102. Given its boundaries, rangebound traders may find it compelling to entertain shorting, as we are nearer to the top of the range.

The currency’s market cap currently stands at $129 million US dollars.

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

As for wealth distribution, the richest 1,000 wallets currently own 66.81% of the money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 3.63% 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 0.09% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.08%.

Article by SixJupiter

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