DREP (CURRENCY:DREP) traded down 21% against the US dollar during the 1 day period ending at 11:00 AM E.T. on April 8th. One DREP coin can currently be bought for $1.96 or 0.00003398 BTC on major cryptocurrency exchanges. Over the last week, DREP has traded 31.3% lower against the US dollar. DREP has a market cap of $6.74 billion and $27.62 million worth of DREP was traded on exchanges in the last day.
Here is how related cryptocurrencies have performed over the last day:
- Chainlink (LINK) traded 0.7% higher against the dollar and now trades at $32.36 or 0.00055968 BTC.
- THETA (THETA) traded 0.5% higher against the dollar and now trades at $12.91 or 0.00022336 BTC.
- DREP [old] (DREP) traded down 19.5% against the dollar and now trades at $1.96 or 0.00003399 BTC.
- Crypto.com Coin (CRO) traded 5.7% higher against the dollar and now trades at $0.20 or 0.00000345 BTC.
- Binance USD (BUSD) traded down 0.1% against the dollar and now trades at $1.00 or 0.00001731 BTC.
- FTX Token (FTT) traded 6.2% higher against the dollar and now trades at $48.20 or 0.00083366 BTC.
- Aave (AAVE) traded up 0.8% against the dollar and now trades at $363.48 or 0.00628659 BTC.
- Holo (HOT) traded 2.6% higher against the dollar and now trades at $0.0229 or 0.00000040 BTC.
- Huobi Token (HT) traded up 3.6% against the dollar and now trades at $17.41 or 0.00030113 BTC.
- Dai (DAI) traded down 0.1% against the dollar and now trades at $1.00 or 0.00001731 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. “
Buying and Selling DREP
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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase DREP using one of the exchanges listed above.
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