How Did Egretia’s Price Fare Yesterday?
Egretia is up by approximately 3.85% from the previous day, with its price currently hovering around $0.01809 USD. The up day for Egretia yesterday was a reversal from the day before it, which puts its price at 31.13% below its 20 day moving average. Over the past two weeks, price has been in a down trend. In terms of an expected trading range, the Bollinger bands on Egretia suggest price may bounce between $0.019163 and $0.03337 based on its momentum and volatility over the past 14 days. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
As for Egretia’s market cap, it is currently at about $74M US dollars.
Egretia’s Surprises of the Day
Yesterday, the metrics holders added and transfers added saw a daily change well outside what is usually experienced. An exploration as to what caused this may be worthwhile.
Daily Engagement Metrics Update
Over the past 24 hours, 26,068 transfers have been added to the blockchain recording transactions amongst holders of Egretia. In terms of estimating the number of holders, over the past day the total number of wallets holding Egretia has gone up by approximately 787. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Egretia ranked 1 out of the 30 Ethereum tokens we’re tracking.
Observing Egretia’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 98.59% of the coin’s total money supply. If we focus on exchanges, which may be an correlated with liquidity and greater confidence in the currency, the exchange wallets that are in the top 1,000 wallets own 12.8% of the currency’s total money supply. Exchange ownership grew by -0.89% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.9% over that time period. The underlying smart contract itself for Egretia owns 0.01% of the total money supply; over the past week, this amount has not changed.
What’s Going on Social Media?
Facebook appears to be the most popular place to follow the company, and thus may be worth monitoring.
Article by SixJupiter
