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The betting industry promises traders quick and rich wins, but to tell the truth, the best traders are even more penalized. Blockchain technology claims that it will transform the domain and make it fairer and more transparent. This is actually the purpose of the REP platform.
Augur has made encouraging announcements, but investors did not respond to that as new rivals have shown up in jurisdictions where the project is banned. But it doesn’t mean the end for REP and you still might conside to invest in this crypto. If so, then getting to know the Augur price prediction for the following years is a must. Keep on reading!
What is Augur (REP)?
The token’s name stands for Reputation and represents an ERC-20 token associated with the Augur protocol. Now, it comes under the version REPv2. Its primary purpose is to deliver a marketplace and supportive environment for betting on the results of any physical event. The founder is Forecast Foundation, the oldest crypto project, that brags about somehow having Vitalik Buterin as its consultant.
Augur aims to be a digital response to the traditional betting platforms. Ordinarily, these are broad centralized corporations that run the processes and get some cut of the winnings. The principle of work is friendly: the tokens of the market creators’ are used as a pledge to create a betting market either for an event with a set list of results (categorical market), or for a numerical outcome within a particular range (scalar market). Other people can then bet on a final result by purchasing shares.
When a relevant event occurs, an appropriate reporter forwards the result to the network, which results in the payment of winnings to the winners of the bet and the return of the market maker’s bonds. The whole principle positively impacts the Augur price prediction.
Reporters stake their tokens, so they are interested in providing the right information in order for the stake not to be lost. The market creators end up in the same situation in case of fraud as they do not get their bond back. The token is also used during disputes. Now, let’s
Augur Live Price Chart
Since its ICO in 2015, the token’s price was relatively low, with a few rises that brought it to an $18 price point in 2016. In 2017, the worth went up to $34 in June, and then in January 2018, it reached its all-time high of $99.80. The same year the dynamic was the following: in spring, the worth dropped to $24a and then surged to $54, but by late autumn, the price ended up at ~$6. The Augur price prediction is also influenced by the project’s new developments.
In July 2018, they rolled out the Augur platform but it did not change the situation – even worse due to an unsuccessful UX. Between 2019 and 2021, the worth was relatively stable in the range of $15–$20. In April 2021, the worth went up to $60. By the summer of the same year, it got back to the previous range of $15–$20. But it did not remain for long, and for now, the current value is $8.91.
Augur (REP) Price Prediction for long-term
When revealing forecasts, we always source the most reputable forecast services that provide broad artificial intelligence-based technical Analysis of the latest price data of Augur. At Godex.io we’re good at mining historical data for the token, including the following parameters: price dynamics, market cap, trading volumes, and so on. We want you to have the most accurate Augur coin price prediction. If you’re serious about investing in this crypto, then knowing potential price forecasts is a must.
Augur Price Prediction 2022
The forecast for the end of the year is pretty negative, making up the price of $8.51and even lower – $1.199. As we’re approaching July 2022, this seems more realistic than forecasts made months before. The other day before, the experts predicted the price to be $9.03623 in July. But it’s merely possible as the value is experiencing a decline. The potential ROI for this year is somewhere – 33%.
Augur Price Prediction 2023
In December 2023, the price is predicted to fall, getting a $7.93104 price point. Another expert says the value is more likely to plummet more to $1.401.In the meantime, PricePrediction.net’s Augur price prediction is more positive, expecting a surge in price and a further price point of ~$12.37 in 2023.
Another opinion is that the min level of the token might be $11.94 in 2023, and the max one – $14.17, with the average benchmark of $12.37. The possible ROI here is -18%.
Augur Price Prediction 2025
In early 2024, the min worth is forecast to be $11.75 and the max one – $13.35. The year promises to end up with the following results: the min price of the token is expected to be $17.82, while the max one can reach $20.56. The average benchmark might be $18.32. What about the Augur price prediction 2025?
In January 2025, the lowest worth is expected to be $17.59 and the highest one – $19.79. But the best prognosis is the following: the max price might happen to be $30.80, while a min one is $25.96.The ROI for 2025 is pretty positive – 57%.
Augur Price Prediction 2027
Four years from now, the value might be at $37.60 or $44.72, which are the lowest and highest price points respectively. REP can have an average value of $38.67 in 2026. Again, we’ll see, but you can already sense the dynamics and calculate the potential ROI.
The Augur price prediction for an early 2027 says that the token might begin at $37.12 or $41.76. In late 2027, the experts predict a pretty solid rise: a max price of $65.18 and the min one of $54.10.
Augur Price Prediction 2030
Eight from now seem so far and the market trends constantly change. Speaking of the price in 2030, opinions differ. The most pessimistic prediction says it’s going to be $22.403742, while others expect the uprise to $165.8. The Augur price prediction 2030 from WalletInvestor, for example, is even more negative, predicting the price to plummet to a $1.74096 price point. The possible ROI is 619%.
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FAQ
Is Augur a good investment?
Augur’s worth is anticipated to increase since shortages are likely to drive up prices. Obviously, there’s always the risk of losing money. To minimize the risks, do your research, investigate price dynamics, estimate risks, a possible Augur price prediction on multiple platforms, and maybe consult with seasoned traders. In order not to lose too much, start small.
Will Rep reach 300$?
In 2030, the possible max price can be $165.8, if we’ll see a continuing uptrend. PricePrediction expects a $240 price point by 2031. Tokens are super volatile, so predictions often get wrong. The best secure advice will be investing that much that you can lose.
Where to store Augur?
You can store REP within an exchange account if you swapped or traded the coins. Another way is to store the token in hardware or software wallets. Software ones are simply apps that allow managing cryptos online. Hardware solutions are more secure as they are some physical, real-life devices that store cryptos offline – just like a USB drive attached to a PC. It’s merely possible to hack it.
Check out for our latest Augur price prediction!
Disclaimer: Please keep in mind that the content of this article is not financial or investing advice. The information provided is the author’s opinion only and should not be considered as direct recommendations for trading or investment. Any article reader or website visitor should consider multiple viewpoints and become familiar with all local regulations before cryptocurrency investment. We do not make any warranties about reliability and accuracy of this information.
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