Convert and Swap Drip Network DRIP to United States Dollar USD
DRIP/USD: 1 Drip Network equals $0.0031 USD
Drip Network (DRIP) is not tradable on Coinbase.
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Last update: 2:39 AM, December 25, 2024
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Drip Network market latest
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Drip Network is climbing this week.
The current price of Drip Network is $0.0031 per DRIP. With a circulating supply of 0 DRIP, it means that Drip Network has a total market cap of $0.00. The amount of Drip Network traded has fallen by $8.19 in the last 24 hours, which is a 61.24% decrease. Additionally, in the last day, $13.37 worth of DRIP has been traded.
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About Drip Network
Drip Network (DRIP) is a unique platform in the cryptocurrency space that aims to provide a daily return on investment through its deflationary mechanism. The DRIP token, a BEP-20 token on the Binance Smart Chain, is designed to provide users with a 1% daily return on their principal for up to 365%. This is achieved through a 10% tax on all transactions, which is then distributed as rewards. The platform's unique approach to rewards and its deflationary nature make it an intriguing player in the cryptocurrency market.
Drip Network operates through a unique system of daily rewards, a referral system, and a compounding mechanism. Users can acquire DRIP tokens either from its native "fountain contract" on the site, thereby avoiding the 10% deposit tax, or from Pancakeswap, where the tax applies. Once acquired, these tokens can be deposited into "The Faucet", a feature of the Drip Network that provides daily rewards. The deposited tokens are sent to a burn address, contributing to the deflationary nature of DRIP. Additionally, users can increase their principal investment and daily reward through a process called "hydrating", which incurs a lower tax rate.
Drip Network seeks to provide a unique investment opportunity for users in the cryptocurrency space. By offering a daily return on investment, it aims to attract users looking for consistent rewards. The platform's referral system also encourages user growth and community building, as users can earn rewards from newly referred parties. Furthermore, the platform's "Reservoir" feature allows users to provide liquidity to the DRIP/BNB pool and receive a share of the transaction tax, creating another potential use case for the platform.
Drip Network was launched in July 2021 by two anonymous accounts known as "Forex_Shark" and "BB". Despite the anonymity of its founders, the platform has managed to establish itself in the cryptocurrency space. The platform's roadmap includes plans for a cross-chain bridge to expand beyond the Binance Smart Chain and NFT rewards for investors that achieve specific goals. However, as with any cryptocurrency project, potential users should proceed with caution due to the inherent risks associated with investing in projects launched by anonymous accounts.
How Drip Network and United States Dollar differ
Drip Network (DRIP) and the US Dollar (USD) are two distinct entities operating in different financial realms. DRIP is a unique player in the cryptocurrency market, striving to provide a daily return on investment through a deflationary mechanism. It operates on the Binance Smart Chain and uses a BEP-20 token, which aims to provide users with a 1% daily return on their principal for up to 365%. This is achieved through a 10% tax on all transactions, which is then distributed as rewards. On the other hand, the USD is a traditional fiat currency, regulated by the Federal Reserve, and does not offer daily returns or transaction-based rewards. Unlike DRIP, which is acquired through a "fountain contract" or Pancakeswap, USD is obtained through traditional banking systems. Furthermore, while DRIP seeks to attract users looking for consistent rewards and encourages community building through its referral system, USD is used for a wide range of transactions and does not offer a referral system. Lastly, while DRIP's deflationary nature is driven by its unique system of daily rewards and a compounding mechanism, USD's value is influenced by factors such as inflation, interest rates, and government policies.
Frequently asked questions
How much is 1 Drip Network in USD?
Right now, 1 Drip Network is worth about $0.0031.
How much DRIP could I buy for 1 USD?
Based on the current rate, you could get 327.13 DRIP for 1 USD.
How much has the price of Drip Network changed?
Drip Network price has been on the rise. Since yesterday, the exchange rate of Drip Network has increased. Since last month, the exchange rate of Drip Network has increased. Since this time last year, the price of Drip Network has decreased.
How do I calculate or convert DRIP to USD?
You can use our DRIP to USD calculator at the top of this page to convert any amount of DRIP to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 1,635.67 DRIP. Inversely, 5 DRIP will cost about $0.0153
How can I buy 1 Drip Network on Coinbase?
Drip Network can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Drip Network.
What are assets similar to Drip Network that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Drip Network, including Maximus, USDEBT, and SAUDI PEPE. For a more robust list of assets to explore, jump to the asset page dedicated to Drip Network.
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DRIP to United States Dollar conversion tables
The exchange rate of Drip Network is increasing.
The current value of 1 DRIP is $0.00 USD. In other words, to buy 5 Drip Network, it would cost you $0.02 USD. Inversely, $1.00 USD would allow you to trade for 327.13 DRIP while $50.00 USD would convert to 16,356.69 DRIP, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.21%. Meanwhile, in the last 24 hours, the rate has changed by 0.45%, which means that the the highest exchange rate of 1 DRIP to United States Dollar was $0.0031 USD and the lowest 24 hour value was 1 DRIP for $0.0030 USD. This time last month, the value of 1 DRIP was $0.00 USD, which is a 0.62% decrease from where it is now. Looking back a year, Drip Network has changed by $0.03 USD. That means that in a single year, the value of Drip Network has shrank by 87.82%.
DRIP to USD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
$0.0030 USD | 0.45% | $0.0030 USD | 2.21% | $0.0030 USD | 0.62% | $0.0251 USD | -87.82% |
DRIP to USD
Amount | Today at 2:39 am |
|---|---|
0.5 DRIP | $0.0015 |
1 DRIP | $0.0031 |
5 DRIP | $0.0153 |
10 DRIP | $0.0306 |
50 DRIP | $0.1528 |
100 DRIP | $0.3057 |
500 DRIP | $1.5284 |
1,000 DRIP | $3.0569 |
USD to DRIP
Amount | Today at 2:39 am |
|---|---|
0.5 USD | 163.57 DRIP |
1 USD | 327.13 DRIP |
5 USD | 1,635.67 DRIP |
10 USD | 3,271.34 DRIP |
50 USD | 16,356.69 DRIP |
100 USD | 32,713.38 DRIP |
500 USD | 163,566.89 DRIP |
1,000 USD | 327,133.77 DRIP |
Today vs. 24 hours ago
Amount | Today at 2:39 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 DRIP | $0.0015 | $0.0015 | +0.51% |
1 DRIP | $0.0031 | $0.0030 | +0.51% |
5 DRIP | $0.0153 | $0.0152 | +0.51% |
10 DRIP | $0.0306 | $0.0304 | +0.51% |
50 DRIP | $0.15 | $0.15 | +0.51% |
100 DRIP | $0.31 | $0.30 | +0.51% |
500 DRIP | $1.53 | $1.52 | +0.51% |
1,000 DRIP | $3.06 | $3.04 | +0.51% |
Today vs. 1 month ago
Amount | Today at 2:39 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 DRIP | $0.0015 | $0.0015 | +0.60% |
1 DRIP | $0.0031 | $0.0030 | +0.60% |
5 DRIP | $0.0153 | $0.0152 | +0.60% |
10 DRIP | $0.0306 | $0.0304 | +0.60% |
50 DRIP | $0.15 | $0.15 | +0.60% |
100 DRIP | $0.31 | $0.30 | +0.60% |
500 DRIP | $1.53 | $1.52 | +0.60% |
1,000 DRIP | $3.06 | $3.04 | +0.60% |
Today vs. 1 year ago
Amount | Today at 2:39 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 DRIP | $0.0015 | $0.0125 | -87.81% |
1 DRIP | $0.0031 | $0.0251 | -87.81% |
5 DRIP | $0.0153 | $0.13 | -87.81% |
10 DRIP | $0.0306 | $0.25 | -87.81% |
50 DRIP | $0.15 | $1.25 | -87.81% |
100 DRIP | $0.31 | $2.51 | -87.81% |
500 DRIP | $1.53 | $12.54 | -87.81% |
1,000 DRIP | $3.06 | $25.07 | -87.81% |
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