DREP (DREP) Hits Market Cap of $6.74 Billion

DREP (CURRENCY:DREP) traded flat against the US dollar during the twenty-four hour period ending at 14:00 PM ET on January 14th. DREP has a total market capitalization of $6.74 billion and $27.62 million worth of DREP was traded on exchanges in the last 24 hours. One DREP coin can now be purchased for approximately $1.96 or 0.00003398 BTC on popular cryptocurrency exchanges. In the last week, DREP has traded flat against the US dollar.

Here’s how other cryptocurrencies have performed in the last 24 hours:

  • Polygon (MATIC) traded 0.6% higher against the dollar and now trades at $2.30 or 0.00005344 BTC.
  • Binance USD (BUSD) traded 0% higher against the dollar and now trades at $1.00 or 0.00002325 BTC.
  • Polygon (MATIC) traded flat against the dollar and now trades at $2.00 or 0.00003275 BTC.
  • Chainlink (LINK) traded 0.8% lower against the dollar and now trades at $24.76 or 0.00057618 BTC.
  • Crypto.com Coin (CRO) traded 1.6% lower against the dollar and now trades at $0.46 or 0.00001061 BTC.
  • Dai (DAI) traded 0% higher against the dollar and now trades at $1.00 or 0.00002327 BTC.
  • Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • Fantom (FTM) traded 1.3% lower against the dollar and now trades at $2.95 or 0.00006857 BTC.
  • DREP [old] (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • FTX Token (FTT) traded up 6.5% against the dollar and now trades at $43.82 or 0.00101992 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. The official message board for DREP is medium.com/drep-family. The Reddit community for DREP is /r/DREP-FOUNDATION and the currency’s Github account can be viewed here. DREP’s official Twitter account is @FoundationDrep and its Facebook page is accessible here. The official website for DREP is www.drep.org.

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.  “

Buying and Selling DREP

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

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