Digital Reserve Currency

DRC Price

What is Digital Reserve Currency about?

Digital Reserve Currency (DRC) is a decentralized digital store of value designed with a limited supply and a zero-inflation rate. Created during the COVID-19 pandemic, DRC aims to explore how the global economic recession and the growing demand for decentralized financial instruments could influence its adoption and usage.

What makes Digital Reserve Currency unique?

DRC has a fixed total supply of 1 billion tokens, with no additional tokens to be created. This scarcity is hardcoded into the Ethereum network upon deployment. Unlike many other cryptocurrencies, DRC did not conduct a token sale and features a unique distribution model where 100% of the total supply was directly issued to the Uniswap market. No tokens were premined or retained by the project developers.

What's the history of Digital Reserve Currency?

DRC was created during the COVID-19 pandemic to study the impact of the global economic recession and the rising demand for decentralized financial tools on its adoption and usage.

What's next for Digital Reserve Currency?

DRC token offers exclusive access to the Digital Reserve, a key component of the DRC ecosystem. This decentralized platform allows DRC holders to gain instant exposure to baskets of the most efficient store of value assets, focusing on capital preservation and hedging against inflation risks.

Where can you buy Digital Reserve Currency?

DRC tokens can be traded on decentralized exchanges and centralized crypto exchanges. The most popular exchange to buy and trade Digital Reserve Currency is Uniswap V2 (Ethereum), where the most active trading pair DRC/WETH has a trading volume of $52.81 in the last 24 hours. Other popular options include Bilaxy and Bancor (V2).

What is the daily trading volume of Digital Reserve Currency (DRC)?

The trading volume of Digital Reserve Currency (DRC) is $1,614.84 in the last 24 hours, representing a 2,565.60% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Digital Reserve Currency (DRC)?

Digital Reserve Currency (DRC) reached an all-time high of $0.03003 and an all-time low of $0.00007130. It’s now trading -99.60% below that peak and 69.60% above its lowest price.

What is the market cap of Digital Reserve Currency (DRC)?

Market capitalization of Digital Reserve Currency (DRC) is $120,939 and is ranked #5689 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of DRC tokens (1 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Digital Reserve Currency (DRC)?

The fully diluted valuation (FDV) of Digital Reserve Currency (DRC) is $120,939. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion DRC tokens are in circulation today. Depending on how the emission schedule of DRC tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Digital Reserve Currency compare against its peers?

With a price decline of -1.20% in the last 7 days, Digital Reserve Currency (DRC) is outperforming the global cryptocurrency market which is down -1.90%, while underperforming when compared to similar DeFi Index cryptocurrencies which are up 6.90%.

How to add Digital Reserve Currency (DRC) to MetaMask?

Adding Digital Reserve Currency (DRC) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import DRC as a token. You can copy DRC’s contract address (0xa150db9b1fa65b44799d4dd949d922c0a33ee606) and import it manually, or if you've installed MetaMask's chrome extension, add DRC to MetaMask with one click on CoinGecko.

Add DRC to MetaMask.