REP Network Addresses Has Almost Doubled In Just 10 Days

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Stable-growth-of-Daily-active-adresses-in-Augur-(REP)
  • REP is currently trading at $4.60 after a 4.32% drop in price.
  • The amount of unique addresses on the REP network is up by 112%.
  • Augur’s price is down by more than 75% over the past year.

Augur (REP) is one of the cryptocurrencies in the red for the day so far. According to the crypto market tracking website CoinMarketCap, REP is currently trading hands at $4.60 after a 4.32% drop in price over the last 24 hours, and after reaching a low of $4.85 over the same time period. The crypto is also still down by more than 4% over the last week.

REP / Tether US 1D (Source: CoinMarketCap)

REP also weakened against the two biggest cryptos in the market, Bitcoin (BTC) and Ethereum (ETH) by about 2.75% and 1.91% respectively over the last day.

Also in the red zone is REP’s 24-hour trading volume which currently stands at $8,456,013 after a more than 50% drop since yesterday.

With its market cap of $50,665,588, REP is currently the 316th biggest crypto in terms of market capitalization. This places it right behind World Mobile Token (WMT) in the 315th spot and in front of Stargate Finance (STG) which is ranked 317th.

In related news, the market intelligence platform Santiment took to Twitter early on December 27 to share some recent statistics on REP. According to the post, the amount of unique addresses interacting on the REP network is up by an impressive 112%. This comes despite the fact that Augur’s price is down by more than 75% over the past year.

 
Augur active addresses (Source: Santiment)

The number of addresses on the REP network increased by so much that it almost doubled over the last 10 days alone.

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