Price Action
Over the past week, Augur saw its price go down by -13.7%. It is below its 20 day moving average by 17.65%, so it’s somewhat away. Augur’s bullish momentum, based on its distance from its 20 day moving average, is roughly middle-of-the-pack relative to the cryptos we’re tracking. Regarding volatility, Augur is more volatile than roughly 34% of coins in our index, so it’s notably less volatile than the other cryptocurrencies we’re monitoring. If volatility over the past three weeks is any indication of what’s to come, we can expect Augur to bounce between 12.81153 and $17.78947 US dollars per coin.
Where to trade Augur (symbol: REP): Gate, Yobit, Binance, DDEX, Ethfinex
Volume Update
Over the past week, Augur saw its daily volume range between 41,363.02 and 3,681,336 units of its own currency. Looking back over past 21 days, the trend in volume does not have a clear direction, while the price trend is clearly down. Over the past week, Augur saw its trading turnover — which we define as average daily trading volume divided by circulating supply — register at 9.57%. This turnover rate is higher than approximately 81.37% of the cryptocurrencies we monitor, which means it’s far above average and thus a good coin for those interested in active trading or being able to get out of the market if they need to.
Engagement Update
The number of wallets holding Augur went from 11,954 to 12,016 in the past week, marking a change of 0.52%. In terms of blockchain-recorded transactions made by these wallets since their inception, that number changed from 157,652 to 162,239, which translates to growth of 2.91% for the week. This translates to a combined engagement growth rate of 3.43% for Augur — which is higher than 85.50% of the cryptocurrencies we’re reporting on. One interpretation of this may be that the coin may be on track to getting and sustaining actual usage.
Technology Development Status
Augur currently has 30 public repositories on GitHub, with the oldest one now 4.61 years young. Its most recent public update was within the past day, which is pretty good, as it suggests the coin is still under active and rapid technical development. Augur’s public repositories collectively have a total of 1603 watchers, which is very impressive; that’s more than 83 % of the top 100 coins we compare it to. The coin has 615 total outstanding issues across all 30 of its public repositories on GitHub. Relative to the number of watchers it has, though, its open issues count is quite poor, and may potentially indicate some concern that the software is at risk of not being updated fast enough. Our hypothesis that the open issue/watcher ratio may be of some value in assessing the healthiness of a coin’s software development process, and for Augur, this ratio was better than a mere 15 % of the similar coins we track in our index.
Augur News and Commentary
The top theme being discussed about Augur in the past week is listed below. If available, we added an excerpt from the article to help give a taste of what it is about.
Augur Weekly Report — July 10th – Augur
Key Extract:
The Forecast Foundation has no role in the operation of markets, trades or actions created or performed on the Augur protocol, nor does it have the ability to censor, restrict, control, modify, change, revoke, terminate or make any changes to markets created on the Augur protocol….The Forecast Foundation has no more control over the Augur protocol than anyone else using Ethereum.
Where to Buy
You can trade Augur, listed under the symbol REP, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex.
Article by SixJupiter
