About Drep (New)
DREP is an Ethereum token used in the DREP ecosystem. DREP is committed to building “connectors” and “toolkits” based on blockchain technology, providing solutions that combine ease of use, flexibility and frictionless integration. DREP strives to tackle three particular issues: 1) inadequate public chain performance and poor developer experience; 2) segregated public chain ecosystems and small user bases; and 3) a mismatch between blockchain technology and enterprise needs.
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Market Stats
Market Cap
$206,427.15
FDV
Not enough data
Circulating Supply
100,000,000 DREP
Max Supply
Not enough data
Total Supply
100,000,000 DREP
Performance
Popularity
#2,450
Dominance
0%
Volume (24H)
$58,798.02
-0.16%
Volume (7D)
$437,295.77
Volume (30D)
$1,847,016.65
All time high
$3.38
Overall Price Change (1Y)
-0.99%
Additional info about Drep (New)
Recent trends
The price of Drep (New) has decreased by 0.10% in the last hour and decreased by 0.23% in the past 24 hours. Drep (New)’s price has also fallen by 8.24% in the past week. The current price is $0.0021 per DREP with a 24-hour trading volume of $58.80K. Currently, Drep (New) is valued at 99.94% below its all time high of $3.38. This all-time high was the highest price paid for Drep (New) since its launch. The current circulating supply of Drep (New) is 100,000,000 DREP which means that Drep (New) has as total market cap of $206,427.15.
Market details
DREP vs markets
↘ 99.39%
DREP vs BTC
↘ 99.44%
DREP vs ETH
↘ 98.56%
Tags
defi
oracles
smart-contracts
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x3Ab6Ed69Ef663bd986Ee59205CCaD8A20F98b4c2 | |
BNB Smart Chain | 0xEC583f25A049CC145dA9A256CDbE9B6201a705Ff |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0021 | ↘ 0.23% |
1 Day | $0.0021 | ↘ 0.23% |
1 Week | $0.0023 | ↘ 8.24% |
1 Month | $0.0023 | ↘ 9.24% |
1 Year | $0.28 | ↘ 99.27% |
FAQ
Drep [new] (DREP) is a digital asset that is dedicated to creating "connectors" and "toolboxes" based on blockchain technology. It aims to provide solutions that blend ease of use, flexibility, and seamless integration. DREP is built on the DREP Chain, DREP ID, and DREP SDK, which allow DApp teams to launch multi-public-chain asset versions, built-in wallets, and asset trading platforms with a single click. DREP introduces the concept of Smart Pipeline technology, which is designed to enhance data processing capabilities, akin to a layer2 solution with robust scalability and zero gas consumption.
DREP operates by upgrading advanced technology solutions into APIs and Plug-ins, which reduces the learning costs, development difficulty, and complexity of blockchain on the application or enterprise side. It employs a Schnorr Multi-Signature Algorithm based on the Secp256k1 elliptic curve to boost network efficiency and minimize transmission overheads. DREP has designed a Decentralized ID (DID) system based on the HMAC (Hash Message Authentication Code) algorithm to achieve data connectivity and privacy protection. This forms a dual-layer system of master ID and multiple sub-IDs.
DREP strives to serve as a tool interface for 2B enterprises and provide an efficient and frictionless service portal for DREP Ecosystem users. It is designed to manage data and assets on both centralized and decentralized platforms within a single interface, known as the DREP Client. This client integrates functions including asset management, identity management, application development, and traffic portal. Furthermore, DREP Chain uses homomorphic encryption to enhance data privacy protection, safeguarding users' sensitive information.
The history of DREP is rooted in its commitment to building connectors and toolboxes based on blockchain technology. It was designed with the intention of providing solutions that combine ease of use, flexibility, and frictionless integration. Over time, DREP has introduced various concepts and technologies such as the Smart Pipeline technology, Schnorr Multi-Signature Algorithm, and the Decentralized ID (DID) system. These innovations aim to enhance data processing capabilities, improve network efficiency, and ensure data connectivity and privacy protection.
We update our Drep (New) to USD currency in real-time. Get the live price of Drep (New) on Coinbase.
The current market cap of Drep (New) is $206.43K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Drep (New) is $3.38. This all-time high is highest price paid for Drep (New) since it was launched.
Over the last 24 hours, the trading volume of Drep (New) is $58.80K.
Assets that have a similar market cap to Drep (New) include TiFi Token, Titan Trading Platform, Hourglass, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Drep (New) is 100 million.
Drep (New) ranks 313 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 50% of Coinbase users are buying Drep (New). In other words, 50% of Coinbase customers have increased their net position in Drep (New) over the past 24 hours through trading.
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Social stats
Popularity in posts
#3257
Contributors
178
Posts
499
% About Drep (New)
0.005%
Hold times
0 days
X (Twitter)
38.83% bullish
Sentiment
3.4 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
178 unique individuals are talking about Drep (New) and it is ranked #3,257 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Drep (New) has an average sentiment score of 67 out of 5. Finally, Drep (New) is becoming less newsworthy, with 0 news articles published about Drep (New).
On Twitter, people are mostly neutral about Drep (New). There were 40.53% of tweets with bullish sentiment compared to 4.36% of tweets with a bearish sentiment about Drep (New). 59.47% of tweets were neutral about Drep (New). These sentiments are based on 440 tweets.
On Reddit, Drep (New) was mentioned in 13 Reddit posts and there were 9 comments about Drep (New). On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.