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    Digital Reserve Currency

    DRC

    Rank #4265

    $0.0002371

    +1.19%
    24H Low$0.0002322
    $0.000272324H High
    24H Volume
    $36913
    All-Time High(ATH)
    $0.03003
    All-Time Low(ATL)
    $0.0001166
    Market Cap
    $237060
    Fully Diluted Valuation
    $237060
    Market Cap/FDV
    100%
    Circulating Supply
    1 B DRC
    Total Supply
    1 B DRC
    Max Supply
    1 B DRC
    Market Sentiment
    Neutral
    * Data from 3rd parties

    Digital Reserve Currency (DRC) Price Trends

    Time period
    Change amount
    % Change
    1H
    $--
    +0.083%
    24H
    $--
    +1.19%
    7D
    $--
    -3.26%
    30D
    $--
    -21.65%
    1Y
    $--
    -51.6%

    Credibility Indicators

    68.59

    Reliability Score

    Rank #1

    # 2353

    Percentile

    TOP 15%

    Live Digital Reserve Currency (DRC) Price Update

    Digital Reserve Currency price today is $0.0002371 with a 24-hour trading volume of $36913, and as such Digital Reserve Currency has a market cap of $237060, giving it a market dominance of 8.47%. The Digital Reserve Currency price moved 1.19% in the last 24 hours.

    Digital Reserve Currency reached its highest price on 2021-03-27 when it was trading at its all-time high of $0.03003, while its lowest price was recorded on 2020-10-27 when it was trading at its all-time low of $0.0001166. The current lowest price since the last cycle high was $0.0001166, and the highest price since the last cycle low was $0.03003. The social sentiment of Digital Reserve Currency is currently Positive.

    The current circulating supply of Digital Reserve Currency is $1 B DRC. In terms of market cap, Digital Reserve Currency is currently ranked 4265.

    About Digital Reserve Currency (DRC)

    Digital Reserve Currency (DRC) was designed to become a decentralized digital store of value with a limited supply and a zero-inflation rate. DRC was created during the COVID-19 pandemic with the purpose of finding out how the global economic recession and the increasing demand for decentralized financial instruments may affect its adoption and usage. The total supply of DRC is fixed at 1 billion tokens, and no more additional DRC tokens will ever be created. The scarcity of DRC is embedded into the code, and nothing can change it once DRC contract was deployed into Ethereum network. DRC did not conduct a token sale. DRC has a unique token distribution model, as 100% of the total DRC supply has been issued directly to the Uniswap market. No DRC tokens have ever been premined or retained by the project developers. DRC token has the unique utility of providing DRC holders with the exclusive access to the Digital Reserve, an essential part of the DRC ecosystem. Digital Reserve is a decentralized platform where DRC holders can get instant exposure to the baskets of the most efficient store of value assets, with the purpose of capital preservation and hedging inflation risks.

    FAQs

    1. What determines the price movement of Digital Reserve Currency?

    There are two schools of thought in determining the price of Digital Reserve Currency.
    By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Digital Reserve Currency, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Digital Reserve Currency from a long term perspective.
    By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Digital Reserve Currency on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Digital Reserve Currency as well.
    Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Digital Reserve Currency and the cryptocurrency market as a whole.

    Digital Reserve Currency Tokenomics

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    Digital Reserve Currency Analysis

    Date
    Market Cap
    Volume
    Open
    Close
    2024-04-19
    $1 B
    38473.57 DRC
    $0.0002683
    N/A
    2024-04-18
    $999.75 M
    41626.64 DRC
    $0.0002589
    $0.0002683
    2024-04-17
    $1 B
    37120.92 DRC
    $0.0002638
    $0.0002589
    2024-04-16
    $1 B
    37226.76 DRC
    $0.0002659
    $0.0002638
    2024-04-15
    $1 B
    39148.57 DRC
    $0.0002712
    $0.0002659
    2024-04-14
    $1 B
    40380.69 DRC
    $0.0002636
    $0.0002712
    2024-04-13
    $998.59 M
    43518.89 DRC
    $0.0002775
    $0.0002636