May 11, 2020: Augur (REP): Up 8.97%

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Augur: What’s the Latest Regarding its Price?

At the time of this writing, Augur has a price of $12.88 USD, which puts it up by approximately 8.97% from yesterday. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in an up trend, and is currently 16.15% above its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. From another vantage point, note that price has gone up 8 of the past 14 days. And in terms of volume, yesterday’s price move ocurred on volume that was 87.58% less than its 7 day average volume.

In terms of an expected trading range, the Bollinger bands on Augur suggest price may bounce between $9.053179 and $13.12562 based on its momentum and volatility over the past 14 days. Given its boundaries, rangebound traders may find it compelling to entertain selling, as we are nearer to the top of the range.

The currency’s market cap currently stands at $141 million US dollars.

Straight Off the Chain

Over the past 24 hours, NA transfers have been added to the blockchain recording transactions amongst holders of Augur. In terms of estimating the number of holders, over the past day the total number of wallets holding Augur has gone NA by approximately NA. To further our understanding of engagement we can observe the ratio of daily active users to monthly active users; that ratio now stands at NA, with NA wallets making a transfer this past day and NA wallets having made a transfer in the past month.

How are the Strong Holders of Augur Faring?

As for wealth distribution, the richest 1,000 wallets currently own 66.8% 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 3.57% of the currency’s money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by 0.09%; 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

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