Drep (New) Price (DREP)

Drep [new] (DREP) is a digital asset that is dedicated to creating "connectors" and "toolboxes" based on blockchain technology. It aims to provide solutions that blend ease of use, flexibility, and seamless integration. DREP is built on the DREP Chain, DREP ID, and DREP SDK, which allow DApp teams to launch multi-public-chain asset versions, built-in wallets, and asset trading platforms with a single click. DREP introduces the concept of Smart Pipeline technology, which is designed to enhance data processing capabilities, akin to a layer2 solution with robust scalability and zero gas consumption.

DREP operates by upgrading advanced technology solutions into APIs and Plug-ins, which reduces the learning costs, development difficulty, and complexity of blockchain on the application or enterprise side. It employs a Schnorr Multi-Signature Algorithm based on the Secp256k1 elliptic curve to boost network efficiency and minimize transmission overheads. DREP has designed a Decentralized ID (DID) system based on the HMAC (Hash Message Authentication Code) algorithm to achieve data connectivity and privacy protection. This forms a dual-layer system of master ID and multiple sub-IDs.

DREP strives to serve as a tool interface for 2B enterprises and provide an efficient and frictionless service portal for DREP Ecosystem users. It is designed to manage data and assets on both centralized and decentralized platforms within a single interface, known as the DREP Client. This client integrates functions including asset management, identity management, application development, and traffic portal. Furthermore, DREP Chain uses homomorphic encryption to enhance data privacy protection, safeguarding users' sensitive information.

The history of DREP is rooted in its commitment to building connectors and toolboxes based on blockchain technology. It was designed with the intention of providing solutions that combine ease of use, flexibility, and frictionless integration. Over time, DREP has introduced various concepts and technologies such as the Smart Pipeline technology, Schnorr Multi-Signature Algorithm, and the Decentralized ID (DID) system. These innovations aim to enhance data processing capabilities, improve network efficiency, and ensure data connectivity and privacy protection.

We update our Drep (New) to USD currency in real-time. Get the live price of Drep (New) on Coinbase.

The current market cap of Drep (New) is $427.16K. A high market cap implies that the asset is highly valued by the market.

The all-time high of Drep (New) is $3.38. This all-time high is highest price paid for Drep (New) since it was launched.

Over the last 24 hours, the trading volume of Drep (New) is $2.05K.

Assets that have a similar market cap to Drep (New) include Origin Dollar, Bitrock, Bad Idea AI, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Drep (New) is 100 million.

Drep (New) ranks 301 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 50% of Coinbase users are buying Drep (New). In other words, 50% of Coinbase customers have increased their net position in Drep (New) over the past 24 hours through trading.