DREP (CURRENCY:DREP) traded 21% lower against the US dollar during the 24 hour period ending at 15:00 PM Eastern on November 25th. One DREP coin can now be bought for approximately $1.96 or 0.00003398 BTC on popular 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 day. In the last week, DREP has traded 31.3% lower against the US dollar.
Here is how similar cryptocurrencies have performed in the last day:
- Crypto.com Coin (CRO) traded 14% lower against the dollar and now trades at $0.77 or 0.00001308 BTC.
- Polygon (MATIC) traded 0.1% higher against the dollar and now trades at $2.00 or 0.00003275 BTC.
- Polygon (MATIC) traded 11.8% higher against the dollar and now trades at $1.87 or 0.00003178 BTC.
- Binance USD (BUSD) traded 0% higher against the dollar and now trades at $1.00 or 0.00001698 BTC.
- Chainlink (LINK) traded 5.8% higher against the dollar and now trades at $26.76 or 0.00045440 BTC.
- Decentraland (MANA) traded 1.5% higher against the dollar and now trades at $5.14 or 0.00008728 BTC.
- Axie Infinity (AXS) traded 1.7% higher against the dollar and now trades at $141.52 or 0.00240271 BTC.
- Parkgene (GENE) traded up 2,618,096.3% against the dollar and now trades at $25.59 or 0.00045023 BTC.
- THETA (THETA) traded up 14.2% against the dollar and now trades at $7.43 or 0.00012614 BTC.
- FTX Token (FTT) traded 4.8% higher against the dollar and now trades at $52.14 or 0.00088514 BTC.
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 trade DREP should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase DREP using one of the exchanges listed above.
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