Price Action
Over the past week, Augur saw its price go down by -4.05%. It is below its 20 day moving average by 2.01%, so it’s fairly close. Augur’s bullish momentum, based on 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. Now when considering volatility, Augur is more prone to sizable price moves than 5% of coins in our index, so this coin might not move much — something traders and investors will certainly want to keep in mind. Based on volatility over the past three weeks, we can expect Augur to experience a price range in US dollars between 17.52517 and $19.19383.
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 110,453.8 and 852,243.1. In the three weeks prior, the trend in volume,like the trend in price, is choppy and does not reveal a clear direction. The past 7 days saw Augur’s trading turnover — meaning the percentage of its available supply that was traded — come in at 3.57%. Its turnover rate is more than approximately 67% of the cryptocurrencies in our index, so it’s above average and thus will have enough liquidity for many investors/traders.
Engagement Update
The number of wallets holding Augur went from 11,123 to 11,485 in the past week, marking a change of 3.25%. As for overall transactions, they increased from 149,595 to 152,629 — an increase of 2.03%. The combined engagement growth rate (growth rate in holders plus growth rate in transfers) of Augur is thus at 5.28% which, relatively speaking, is ahead of 81.82% of the cryptocurrencies we’re tracking. This could indicate that the coin may be on track to getting and sustaining actual usage.
Technology Development Status
Augur currently has 30 public repos on GitHub, with the oldest one clocking in at 4.55 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 1592 watchers, which is pretty good, relatively speaking; specifically, that’s more than 79 % of the top 100 coins we’re looking at. The coin has 601 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 14 % of the similar coins we track in our index.
Augur News and Commentary
The top 2 themes being discussed about Augur in the past week are listed below. If possible we included a brief excerpt from the article — be sure to click through for the entire piece.
Augur Weekly Report — June 19th – Augur
Key Extract:
I am wondering if we can ask your authorization to translate this post for non-profit purpose.
Where to Buy
You can trade Augur, listed under the symbol REP, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex.
Article by SixJupiter
