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    Draken

    DRK

    Rank #3033

    $0.0006997

    -0.047%
    24H Low$0.0006978
    $0.000703624H High
    24H Volume
    $256.72
    All-Time High(ATH)
    $0.04442
    All-Time Low(ATL)
    $0.00009848
    Market Cap
    $683954
    Fully Diluted Valuation
    $683954
    Market Cap/FDV
    100%
    Circulating Supply
    977.47 M DRK
    Total Supply
    977.47 M DRK
    Max Supply
    4.48 B DRK
    Market Sentiment
    Neutral
    * Data from 3rd parties

    Draken (DRK) Price Trends

    Time period
    Change amount
    % Change
    1H
    $--
    +0.11%
    24H
    $--
    -0.047%
    7D
    $--
    -0.048%
    30D
    $--
    -0.11%
    1Y
    $--
    -0.26%

    Live Draken (DRK) Price Update

    Draken price today is $0.0006997 with a 24-hour trading volume of $256.72, and as such Draken has a market cap of $683954, giving it a market dominance of 2.38%. The Draken price moved -0.04700% in the last 24 hours.

    Draken reached its highest price on 2021-07-20 when it was trading at its all-time high of $0.04442, while its lowest price was recorded on 2022-05-12 when it was trading at its all-time low of $0.00009848. The current lowest price since the last cycle high was $0.00009848, and the highest price since the last cycle low was $0.04442. The social sentiment of Draken is currently Positive.

    The current circulating supply of Draken is $977.47 M DRK. In terms of market cap, Draken is currently ranked 3033.

    About Draken (DRK)

    DRK is a next-generation decentralized blockchain platform. The strong improvements from Proof-of-Stake creates Proof-of-Honor, which uses HodgeRank to rank nodes based on the number of Stake and the number of Transactions, optimizes the performance of DRK Chain (2-second block time, up to 5000 TPS) while preserving high transparency and decentralization. Nonetheless, the integrated protocols help optimizing the ability to build Decentralized Applications such as Smart Contract, Gas Station (near-zero gas fee), DaRK Privacy - Anonymity on demand. With DRK Chain, every tech-enthusiast can easily build and optimize Dapps with high efficiency and at a low cost.

    FAQs

    1. What determines the price movement of Draken?

    There are two schools of thought in determining the price of Draken.
    By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Draken, 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 Draken 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 Draken 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 Draken 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 Draken and the cryptocurrency market as a whole.

    Draken Tokenomics

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    Draken Analysis

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