May 6, 2020: Augur (REP): Up 0.27%; 2nd Straight Up Day

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Augur: What’s the Latest Regarding its Price?

Augur’s current price, at the time of this writing, is $11.13 USD, up by approximately 0.27% from the day prior. Augur is currently in an up, and it should be noted that this is now the the 2nd consecutive day that price has been up. Moreover, Augur is now 6.56% above its 20 day moving average. From another vantage point, note that price has gone up 11 of the past 14 days. Another data point we may find worthy of observation is that price for Augur has increased 11 of the previous 14 days.

Traders looking for a range to trade within may wish to note that the Bollinger bands (a price indicator based on recent momentum and volatility) for Augur imply the currency may oscillate between $9.659709 and $11.22969, based on how price has behaved in the two weeks prior. Price’s current proximity to the top of the range may make selling an attractive opportunity to traders interested in trading the range.

The market capitalization of Augur, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $122 million.

Update on Transactions and Holders

Yesterday saw NA transfers 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.

Just How Rich are Augur’s Richest Holders?

As for wealth distribution, the richest 1,000 wallets currently own 66.61% 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. Exchange ownership grew by 0.54% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0.36% over that time period.

Article by SixJupiter

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