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Augur is observing talk of potential judicial troubles, and the delayed app launch is worrying investors.
Augur (REP) wasgoed the next coin to see a éxito of volumes and a strong price increase ter a day, after the Binance listing wasgoed announced. Augur is one of the older ICO projects, which is leisurely establishing its reputation.
After an initial auge to near-record volumes, things returned to habitual on the following day. REP trades at $50.53, up around 20% ter the past seven days, with negligible daily growth te the past hours.
The intention of the Augur project is to create a toneel for market predictions by harnessing the power of decentralization. So far, the Augur project remains a niche asset, and albeit promising, has lagged ter attention.
But others seem to be of the opinion that the future is ahead for Augur. The trouble is, Binance is observing a thirst for low-priced coins and tokens with the potential to grow 10-fold. REP has commanded a higher price, and albeit it has seen significant appreciation, at this point, REP speculation is still tentative.
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The largest market for REP is against the Korean Won, followed by trading against Bitcoin. REP has negligible USD volumes, and no Tether (USDT) influence. This positions REP spil an asset dependent on Korean speculation.
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One of the reasons for the lack of hype for Augur is the talk of justo problems. The verhoging may be seen spil a form of gambling. The Augur ecosystem relies on crowdsourced predictions, tied up to the usage of the Reputation – REP – token. However, the precies status of the network is raising some doubts on social media.
Additionally, the Augur project has flipped on for years, with only internal work done by the developers. There are no official dates for an official launch, or any other milestones. This positions REP spil simply another Ethereum-based asset with a very speculative profile.
For the future, REP volgers have seen the asset adopted on BitHumb or OKEx for higher volumes.