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Augur's value dips slightly amid mixed cryptocurrency market trends

EditorRachael Rajan
Published 12/01/2023, 03:12 AM
© Reuters
BTC/USD
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In the dynamic world of cryptocurrencies, Augur, a prediction market platform, has experienced a slight decrease in value today, with its price dropping 2% to $0.65, equivalent to 0.00001705 Bitcoin (BTC). Augur has a market capitalization of $7.10 million, with an active trading volume of $887,460 in the past 24 hours.

Even with today's decline, Augur has shown resilience over the past week, marking a 1.5% increase in value. This performance comes amidst a period of mixed results across the cryptocurrency spectrum. While some, like KILT Protocol, edged up by a modest 0.3%, others such as Aidi Finance, Zoo Token, and CareCoin each fell by 2%. In contrast, Kitty Inu and Hokkaidu Inu both enjoyed a slight uptick of 1%. Meanwhile, Lego Coin held steady at its previous price, Jeff in Space saw a 2% reduction, and Lumi Credits maintained its value. AXIA Coin experienced a negligible decrease.

Founded by Jack Peterson and Joey Krug, Augur was launched on November 17 and operates as a decentralized forecasting tool on Ethereum's network. The platform uses its native token, REP, for reporting and governance activities, and has an available supply limit set at 11 million tokens.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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