Loading...
Currently trading at $ 1.05 , which has fallen by -5.47% over the last 24 hours . Market capitalization is $11.6M (market down -5.47% in 24h) . 24h volume: $18.8K. Circulating supply: 11,000,000 REP. Hourly change: +0.22%. Weekly change: +5.04%.
| Date | Price | % Change |
|---|---|---|
| Now | $ 1.05 | - |
| 1 Hour | $ 1.05 | +0.22% |
| 1 day | $ 0.9931 | -5.47% |
| 7 days | $ 1.10 | +5.04% |
| 30 days | $ 1.20 | +14.56% |
| 60 days | $ 1.45 | +37.77% |
| 90 days | $ 1.45 | +38.33% |
| Rank | #860 |
| Price | $1.05 |
| Market Cap | $11.6M |
| Trading Volume (24h) | $18.8K |
Augur (REP) is ranked #860 based on its market cap of $11,556,025.00. REP is trading at $1.05 where the total trading volume in the last 24h was $18,826.00.
Augur is a decentralized prediction market platform that is built on the Ethereum blockchain. It was launched in 2018 by a team of developers led by Joey Krug. The goal of Augur is to provide users with a platform that allows them to make predictions about future events and earn cryptocurrency by being correct.
Augur works by allowing users to create and trade shares in the outcome of any event. For example, a user could create a share that predicts that the price of Bitcoin will reach $100,000 by the end of the year. Other users can then buy and sell shares in this prediction, based on their own beliefs about whether or not the prediction will come true.
The value of these shares is based on the likelihood of the outcome occurring. If the outcome is highly likely, the shares will be worth more. If the outcome is unlikely, the shares will be worth less. When the outcome of the event is determined, users who hold shares in the correct outcome will earn cryptocurrency, while users who hold shares in the incorrect outcome will lose their investment.
One of the main advantages of Augur is its decentralized nature. Because Augur is built on the Ethereum blockchain, there is no centralized authority that controls the platform. This means that users can trust that the platform is fair and transparent.
Another advantage of Augur is its flexibility. Augur can be used to make predictions about any event, including politics, sports, finance, and more. This means that users can use Augur to earn cryptocurrency by leveraging their knowledge of a wide range of subjects.
However, it is important to note that investing in Augur is not without risk. Because Augur is based on predictions, its value can be highly volatile. Additionally, because Augur is a relatively new platform, there is still a degree of uncertainty around how it will perform over the long term.
In conclusion, Augur is a decentralized prediction market platform that is built on the Ethereum blockchain. It offers users a flexible and transparent platform for making predictions and earning cryptocurrency. However, users should carefully consider their investment goals and risk tolerance before investing in Augur or any other cryptocurrency.
by Coinando
A smarter way to master crypto
Build a deeper understanding of crypto — from fundamentals to advanced topics.
Join Early AccessExclusive for Coinando users
Sign up for our weekly newsletter to get the latest on all deals. Don't miss out!
