May 2, 2020: Augur (REP): Down 0.73%

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Augur: What’s the Latest Regarding its Price?

Augur is down by approximately 0.73% from the previous day, with its price currently hovering around $10.85 USD. 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 6.26% above its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. 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 98.61% less than its 7 day average volume.

In terms of an expected trading range, the Bollinger bands on Augur suggest price may bounce between $9.286052 and $11.13465 based on its momentum and volatility over the past 14 days. Price’s current proximity to the top of the range may make shorting an attractive opportunity to traders interested in trading the range.

The currency’s market cap currently stands at $120 million US dollars.

Daily Engagement Metrics Update

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 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.

Just How Rich are Augur’s Richest Holders?

As for wealth distribution, the richest 1,000 wallets currently own 66.36% 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 3.72% 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 0.2% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.47%.

Article by SixJupiter

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