What determines the price movement of DRAC (DRAC)?

There are two schools of thought when it comes to determining the price of a cryptocurrency like DRAC. By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of DRAC, collectively known as fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of DRAC. By way of price action: technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of DRAC on the basis that history tends to repeat itself. Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of DRAC. Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for DRAC and the broader cryptocurrency market.

What is the highest price of DRAC price in history?

DRAC achieved the all-time high of 0.04844 in 2023-05-10, and is currently trading at 0.006723.

What is the lowest price of DRAC price in history?

DRAC reached its all-time low of 0.000046 on 2023-05-10.

What is the current market cap of DRAC?

The current market cap of DRAC is 718177.752, as 106824000 DRAC is trading at the price of 0.006723.

How many DRAC are there in the market?

There are currently 106824000 DRAC circulating in the market. These DRAC can be actively traded or used in the open market.

What is the maximum supply of DRAC?

The maximum supply of DRAC is 100000000 , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

What is the fully diluted market cap (or FDV) of DRAC?

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of DRAC is 672300.0000000. The FDV is calculated taking the assumption that all supply of DRAC is circulation, multiplied by its current price of 0.006723.

What is the price prediction of DRAC ?

Using an algorithm to automatically identify historical data trends, this DRAC price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

Is DRAC a good investment?

DRAC offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that DRAC and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and do your own research (DYOR) before investing in DRAC.

You can buy DRAC via Gate by following the steps on how to buy DRAC once you have funded your account.

DRAC Price

DRAC

Rank 3151

DRAC (DRAC) Price Live Chart

DRAC (DRAC) Price Today

DRAC (DRAC) price today is $0.006723, with a 24-hour trading volume of $18.53K and as such DRAC (DRAC) has a market cap of $718.17K, giving it a market dominance of 0.000011%. The DRAC (DRAC) price moved -2.09% in the last 24 hours.

DRAC Price Data

24h Turnover$18.53K
All-Time High(ATH)$0.04844
24h High$0.006928
All-Time Low(ATL)$0.000046
24h Low$0.006662

DRAC Market Cap Infos

Market Cap$718.17K
Fully Diluted Valuation$672.3K
Market Cap/FDV100%
Market SentimentPositive

DRAC Supply

Circulating Supply106.82M DRAC
Total Supply72.02M DRAC
Max Supply100M DRAC

*Data is for reference only

DRAC (DRAC) Price Prediction

DRAC(DRAC) is predicted to average $0.006684 in 2025, with a potential swing between the lowest price $0.005614 and the highest price $0.008288. By 2030, DRAC(DRAC) price could reach to $0.01199, offering a potential +52.00% return from today’s DRAC price.

Year	Minimum Price	Highest Price	Average Price	Change
2025	$0.005614	$0.008288	$0.006684	--
2026	$0.006887	$0.00786	$0.007486	+11.00%
2027	$0.005141	$0.009821	$0.007673	+14.00%
2028	$0.00761	$0.009972	$0.008747	+30.00%
2029	$0.005896	$0.01113	$0.009359	+39.00%
2030	$0.009736	$0.01199	$0.01024	+52.00%

DRAC(DRAC) Price History

DRAC(DRAC) price has moved -2.09% in the last 24 hours, and +3.83% in the past 7 days. The price of DRAC(DRAC) is -5.11% in the past 30 days, and +188.10% over the last year.