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Drep

DREP$0.00
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Price Data

Analysis

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Ethereum: 0x3ab6...b4c2
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Market Cap

351131
#3807

All-Time High

3.98

All-Time Low

0.0042941

Fully Diluted Valuation

611660

Circulating Supply

57406250 (57.41%)

Total Supply

100000000

ICO Date

Mar 30, 2021

Decentralized Reputation System (DREP) enables Internet platforms to quantify, monetize, and share reputation value. DREP Foundation aims to provide a blockchain infrastructure and decentralized reputation protocol. These will empower existing Internet platforms to unleash their reputation value and achieve the interconnectedness of reputation data in the Internet community.

DREP's vision:

  • Build an infrastructure to accelerate internet platforms’ (social networking, online content providers, online games) user growth and traffic monetization
  • Tackle the issues of fake news/contents/accounts identification and filtering
  • Enhance tokenomics based on reputation-backed assets and reputation-backed currency
  • Establish token holders sharing pool for more targeted user acquisition

Drep Price Analysis

As of October 11 2024 Drep has a marketcap of $351K. This is {{percentagefromath}} from its all time high of $3.98. In terms of its tokenomics, there's a total supply of 100M with 57% currently outstanding. Keep in mind Drep has a fully diluted value of $612K which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.

Chat GPT LogoClaude LogoSummarized in part by ChatGPT 4 and Claude