Augur Price Update
Augur is down by approximately 1.15% from the previous day, with its price currently hovering around $11.14 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 8.26% 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 8 of the previous 10 days. As for the volume underlying yesterday’s move, note that the price change occurred on volume that was approximately 98.49% less than its 7 day average volume.
In terms of an expected trading range, the Bollinger bands on Augur suggest price may bounce between $9.202781 and $11.37652 based on its momentum and volatility over the past 14 days. Price’s current proximity to the top of the range may make selling an attractive opportunity to traders interested in trading the range.
The currency’s market cap currently stands at $122 million US dollars.
Update on Transactions and Holders
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. 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.
How are the Strong Holders of Augur Faring?
As for wealth distribution, the richest 1,000 wallets currently own 66.71% of the money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 3.71% 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 0.54% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by 0.5%.
Article by SixJupiter