Price Action
Since last week, Augur’s price went down by -0.79%. It is below its 20 day moving average by 0.13%, which is quite close. Augur’s bullish momentum, determined by its distance from its 20 day moving average, is pretty far negative compared to the other coins we’re covering, and thus may be due for a correction upwards or some kind of a period of low volatility. Regarding volatility, Augur is more volatile than roughly 15% of coins in our index, so this coin might not move much — something traders and investors will certainly want to keep in mind. 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 $17.11097 and $20.43903.
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 57,116.25 and 506,130.2. In the three weeks prior, the trend in volume does not have a clear direction, while the price trend is clearly down. Augur experienced a turnover rate of about 3.42% over the past week, which means that is the percent of its available money supply that is traded daily. Its turnover rate is more than approximately 64.29% of the cryptocurrencies in our index, so it’s above average and thus will have enough liquidity for many investors/traders.
Engagement Update
Augur saw the number of wallets holding its coin go from 10,922 to 11,156 over the past week — a change of 2.14%. In terms of blockchain-recorded transactions made by these wallets since their inception, that number changed from 147,161 to 150,020, which translates to growth of 1.94% for the week. Augur’s combined growth rate — meaning the sum of its growth rate in holders and transactions — is 4.08% which puts it ahead of 73.53% of the coins in our index. This growth rate suggests the coin’s engagement is growing at an above average rate.
Technology Development Status
At the moment, Augur has 30 repositories open to the public on GitHub, with the oldest one now being 4.53 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 1591 watchers, which is very impressive; that’s more than 84 % of the top 100 coins we compare it to. The coin has 594 issues reported across its public repositories. Its number of watchers, when viewed against 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 16 % 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 — June 12th – Augur
Where to Buy
You can trade Augur, listed under the symbol REP, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex.
Article by SixJupiter
