- Augur (REP) is a market leader with double-digit gains.
- Veil supports the trading of BTC/USD, REP/USD and ZRX/USD.
The silence in the cryptocurrency market is alarming. Following the huge losses recorded almost a week ago, the trading has been mundane with slight movement to the upside. However, there are some altcoins that are changing the narrative in the market on Thursday. Augur (REP), for example, is a market leader with double-digit gains in the excess of 46% in the last 24 hours.
Augur is trading at $15.69 and as mentioned, it is in the green with the gains of 46.56% against the U.S. dollar. The token has corrected higher 47.04% and 47.52% against Bitcoin (BTC) and Ethereum (ETH) respectively. The 24-hour trading volume has correct higher in the past four days from $1 million to the current $47 million. The same uptrend is reflected in the market cap which has corrected higher from $90 million to $169 million in the same period.
Augur launches the much-awaited Veil Prediction Platform
As a prediction market protocol executing on the Ethereum blockchain, Augur has been working on a prediction protocol. The network has today hit the headlines after it unveiled the Veil Prediction Platform. The launch has been received positively with the token REP making incredible gains as seen above.
“We foresee a not-so-distant future where millions of people create and trade in millions of markets. And we’re thrilled to finally launch Veil on Mainnet and bring that future just a little closer,” Augur said in a blog post.
The platform launched on the mainnet was also created on top of Augur, Ox as well as the Ethereum protocols. The platform is run by Veil International Ltd in the Cayman Islands. However, residents of countries like the U.S., Cuba, North Korea, and Syria are not allowed to use the platform. At the moment Veil supports the trading of BTC/USD, REP/USD and ZRX/USD. In addition, it provides predictions for several scenarios for instance Academy Award winners.
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