May 5, 2020: Augur (REP): Up 4.63%

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Augur Price Update

At the time of this writing, Augur has a price of $11.31 USD, which puts it up by approximately 4.63% from yesterday. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 8.71% above its 20 day moving average, and is currently in an up trend over the past 14 days. Another data point we may find worthy of observation is that price for Augur has increased 20 of the previous 30 days. As for the volume underlying yesterday’s move, note that the price change occurred on volume that was approximately 95.9% less than its 7 day average volume.

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 $9.527593 and $11.27981. Price’s current proximity to the top of the range may make shorting an attractive opportunity to traders interested in trading the range.

As for Augur’s market cap, it is currently at about $125M 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. Regarding a tally of holders, Yesterday saw Augur’s wallet count 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?

In terms of wealth concentration, the richest 1,000 wallets own 66.71% of the coin’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 3.67% 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 0.49%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.55%.

Article by SixJupiter

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