DREP (DREP) Reaches Market Capitalization of $6.74 Billion

DREP (CURRENCY:DREP) traded down 21% against the US dollar during the 1-day period ending at 21:00 PM ET on September 16th. One DREP coin can now be bought for approximately $1.96 or 0.00003398 BTC on exchanges. DREP has a market cap of $6.74 billion and approximately $27.62 million worth of DREP was traded on exchanges in the last 24 hours. During the last week, DREP has traded down 31.3% against the US dollar.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

  • Chainlink (LINK) traded down 4.1% against the dollar and now trades at $29.44 or 0.00061906 BTC.
  • Binance USD (BUSD) traded 0% higher against the dollar and now trades at $1.00 or 0.00002103 BTC.
  • Polygon (MATIC) traded down 2.8% against the dollar and now trades at $1.36 or 0.00002866 BTC.
  • FTX Token (FTT) traded down 4.5% against the dollar and now trades at $67.30 or 0.00141524 BTC.
  • DREP [old] (DREP) traded down 19.5% against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • Dai (DAI) traded down 0.1% against the dollar and now trades at $1.00 or 0.00002103 BTC.
  • THETA (THETA) traded down 3.3% against the dollar and now trades at $6.56 or 0.00013805 BTC.
  • Aave (AAVE) traded 6.7% lower against the dollar and now trades at $380.83 or 0.00800842 BTC.
  • PancakeSwap (CAKE) traded down 1.2% against the dollar and now trades at $22.03 or 0.00046326 BTC.
  • Crypto.com Coin (CRO) traded up 0.5% against the dollar and now trades at $0.19 or 0.00000399 BTC.

DREP Coin Profile

DREP (CRYPTO:DREP) is a coin. Its launch date was September 5th, 2019. DREP’s total supply is 3,431,350,063 coins. DREP’s official website is www.drep.org. DREP’s official Twitter account is @FoundationDrep and its Facebook page is accessible here. DREP’s official message board is medium.com/drep-family. The Reddit community for DREP is /r/DREP-FOUNDATION and the currency’s Github account can be viewed here.

According to CryptoCompare, “DREP Foundation is committed to building a performance-oriented technology infrastructure supporting high transaction capacity for an ecosystem generating valuable reputation data. The reputation protocol is uniquely designed to serve the reputation-based assets and currencies running both inside the platform ecosystem and across platforms, thus empowering data sharing and easing the information silo effect.  Focusing on two industry pain points: lack of user adoption and low transaction throughput, DREP Foundation aims to provide a highly scalable blockchain architecture, DREP Chain, for the deployment of a reputation protocol that anyone can use.  “

DREP Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as DREP directly using U.S. dollars. Investors seeking to acquire DREP should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase DREP using one of the exchanges listed above.

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