Price Action
Over the past week, Augur saw its price go down by -0.71%. It is below its 20 day moving average by 7.38%, so it’s slightly away. Augur’s bullish momentum, if assessed by 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 37% of coins in our index, so it’s notably less volatile than the other cryptocurrencies we’re monitoring. Looking ahead, if the upcoming week mirrors the volatility of three past three weeks, the price range for Augur in US dollars is expected to be between $10.70215 and $16.31185.
Where to trade Augur (symbol: REP): Gate, Yobit, Binance, DDEX, Ethfinex
Volume Update
In the span of the preceding 7 days, Augur’s daily volume, in terms of its own unit of currency, has fluctuated between 61,794.55 and 686,264.3. Looking back over past 21 days, the trend in volume does not have a clear direction, while the price trend is clearly down. The past 7 days saw Augur’s trading turnover — meaning the percentage of its available supply that was traded — come in at 3.48%. Its trading turnover percentage is higher than about 71% of the coins we’re tracking, so it’s above average and thus will have enough liquidity for many investors/traders.
Engagement Update
Over the past week, Augur saw its holders go from 12,016 to 12,159, an increase of 1.19%. In terms of blockchain-recorded transactions made by these wallets since their inception, that number changed from 162,239 to 164,492, which translates to growth of 1.39% for the week. Augur’s combined growth rate — meaning the sum of its growth rate in holders and transactions — is 2.58% which puts it ahead of 87.58% of the coins in our index. 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 4.63 years young. Its most recent public update was within the past week which is not bad, as the coin is still being updated routinely. Augur’s public repositories collectively have a total of 1603 watchers, which is very impressive; that’s more than 81 % of the top 100 coins we compare it to. The coin has 584 total outstanding issues across all 30 of its public repositories on GitHub. In comparison 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
We found one link over the past week about Augur that we thought was especially worth sharing. If available, we added an excerpt from the article to help give a taste of what it is about.
Augur Weekly Report — July 17th – Augur
Snippet:
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….Additionally, there was an issue where; when the liquidity sort was set to include ALL SPREADS; some markets with particularly wide spreads would still be filtered out.
Where to Buy
You can trade Augur, listed under the symbol REP, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex.
Article by SixJupiter
