It was my regular crypto visit and I was trying to see the price fluctuations of different coins that I have invested in. There is always ups and downs in this market. So, nothing was irregular except the price of one coin that is not much heard or talked about. It's named as Augur. It's been just a few hours that I have witnessed a HUGE price high in this coin. Last time I noticed its price was $70 that now has crossed $97. I believe this coin has created so many millionaires. Where it heads, I have no clue but at this time, it's continuously moving up.
Below are two charts, one exactly a year ago and the other one represents it's today's price.
Here is the other one:
So, do you think this coin is under-rated? Let me know in the comments. Also, what are your price predictions for this coin in one month?
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What makes Augur stand out from the other 2000 crypto coins?
Hi @deanlogic, Well, don't know much about it but any can do the simple maths...This coin was priced low and was affordable for anyone a couple of weeks ago...Just notice its price through chart and assume that you bought 1000 @ $25/unit. Now see the current price of the coin. That's roughly $72000 profit. Now just imagine some bought 100,000 Augur @ $25/unit. How much that person made in a few weeks?
Yes, if you bought Augur on Dec. 12th at the low of $33, you could have sold it at 3x that amount yesterday at the high of the FOMO.
It is a predictive guessing application based on crowd input. Bet on a binary outcome. If you win, you can double your money or more. If you lose, you lose. It was on my FOMO of Today for yesterday, so I had to get some more information on it. There is one other competitor, which is a Russian coin, so it is restricted to USA and other citizens.
FOMO of Today
Augur is the base software for prediction markets, and it is currently in Beta stage, so the next stage will be product go live.also the total token supply of Augur is only 11 million, less than bitcoin, but I have expected Augur to rise after go-live, but no one can predict the crazy crypto market as of now.
Yes, it will go up. Nice analysis.
very nice to read. Augur seems to be planning on prediction on things. Looks solid, just bought some REP.
Good luck.