Augur Reaches Market Capitalization of $191.15 Million (REP)

Augur (CURRENCY:REP) traded up 4.9% against the US dollar during the twenty-four hour period ending at 20:00 PM Eastern on January 14th. In the last seven days, Augur has traded up 5.4% against the US dollar. One Augur coin can now be bought for $17.38 or 0.00040381 BTC on cryptocurrency exchanges. Augur has a total market capitalization of $191.15 million and approximately $26.96 million worth of Augur was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed in the last day:

  • Polygon (MATIC) traded 4.6% higher against the dollar and now trades at $2.36 or 0.00005476 BTC.
  • Binance USD (BUSD) traded 0% higher against the dollar and now trades at $1.00 or 0.00002326 BTC.
  • Polygon (MATIC) traded flat against the dollar and now trades at $2.00 or 0.00003275 BTC.
  • Chainlink (LINK) traded 2% higher against the dollar and now trades at $25.53 or 0.00059319 BTC.
  • Crypto.com Coin (CRO) traded up 0.4% against the dollar and now trades at $0.46 or 0.00001068 BTC.
  • Dai (DAI) traded up 0.1% against the dollar and now trades at $1.00 or 0.00002324 BTC.
  • Fantom (FTM) traded down 1.2% against the dollar and now trades at $2.97 or 0.00006892 BTC.
  • Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • DREP (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003399 BTC.

Augur Coin Profile

Augur (CRYPTO:REP) is a coin. It was first traded on November 17th, 2014. Augur’s total supply is 11,000,000 coins. The Reddit community for Augur is /r/augur and the currency’s Github account can be viewed here. Augur’s official website is www.augur.net. Augur’s official Twitter account is @AugurProject and its Facebook page is accessible here.

According to CryptoCompare, “This page represents Augur v2, which is a fork of the Augur prediction market protocol designed to improve efficiency. Prediction markets like Augur v2 are designed so users can place bets on a variety of different events. With this fork, Augur v2 rolled out a suite of improvements around dispute management, settlements, forking, and more.  Prediction markets are widely considered the best forecasting tool. Augur is an open, global platform where anyone anywhere can create, monitor or trade in prediction markets about any topic. Think of it as an “Early Warning System'' with the most accurate event forecasts, a potential “Google Search”, “Bloomberg Terminal” or “Reuters Terminal” for crowdsourced event forecasts. The system plans to use the “Wisdom of Crowds'' (“collective intelligence'') via market incentives, “Long Tail'' dynamics and blockchain technology to securely generate a more accurate, robust and unfiltered array of dynamic event forecasts than any alternative can match. Augur is decentralized, self-regulating, pseudonymous and autonomous. It offers the promise of markets without exposure to counterparty risk, principal-agent problems or central points of control, failure or censorship. No person is ever in direct control of someone else’s funds or in a position to single-handedly threaten the system’s integrity. The software is comprised of smart contracts perpetually deployed on a blockchain network, which enables applications deployed to be immune to local outages while benefiting from the entire community's security. All interactions with markets are communicated as database transactions between unique accounts powered by immutable software instructions. Augur v2 Launches “The Augur v2 protocol contracts have been successfully deployed to the Ethereum Mainnet. The contracts have been verified on Etherscan, and the deployers address can be found here.” ​ See more info on the Augur V2 deployment here. “

Buying and Selling Augur

It is usually not currently possible to purchase alternative cryptocurrencies such as Augur directly using U.S. dollars. Investors seeking to trade Augur should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Augur using one of the aforementioned exchanges.

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