Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

What is Drac (Ordinals) (DRAC)?

Drac (Ordinals) basic info

Name:Drac (Ordinals)
Ticker:
Introduction:

The Historical Significance and Intriguing Features of Cryptocurrencies

The advent of cryptocurrency has undoubtedly brought a wave of revolution in the financial sector, characterized by decentralization, anonymity and blockchain">blockchain technology. At the core of this technological advancement lies a phenomenon of great historical significance. The rise of cryptocurrencies symbolizes the internet generation's leap towards utilizing a decentralized digital cash system.

A Revolutionary Beginning

Cryptocurrency, a term coined by the blending of cryptographic and currency, singularly represent a medium of exchange, much like regular currencies such as USD, but designed for exchanging digital information. The most significant event in the history of cryptocurrencies is the creation of Bitcoin in January 2009 by an anonymous person or group of people using the name Satoshi Nakamoto.

The fundamental intention behind the creation of Bitcoin was the establishment of a decentralized financial system, in which no central authority like a bank or government holds power. This revolutionary perspective was a response to the 2008 financial crisis, aiming to eliminate third-party mediation, unnecessary financial charges, and the threat of a single-point failures like bank crashes.

An Innovative Framework: Blockchain

The backbone technology of cryptocurrencies, blockchain, provided a digital and decentralized ledger of transactions, that guarantees secure and transparent exchanges in a public network. This technology has proven its potential beyond cryptocurrencies and has found essential use-cases in various sectors such as supply chain, healthcare, and government systems.

Cryptocurrency: Unique Features

Cryptocurrencies carry unique features distinguishing them from traditional financial systems:

  1. Decentralization: Perhaps the most defining factor of cryptocurrencies is its decentralized nature. No single central authority has control over transactions.

  2. Anonymity Privacy: Cryptocurrencies provide anonymity to its users whereby transactions are linked only to cryptographic addresses.

  3. Security: Cryptocurrencies use cryptographic techniques to secure transactions and control the creation of new units.

  4. Limited Supply: Most cryptocurrencies have a limit on the number of tokens that can ever exist. For instance, Bitcoin's supply is capped at 21 million. This feature reduces the risks of inflation.

Historical Significance

Cryptocurrencies carry a profound historical significance in years to come. The rise of cryptocurrencies marked a technological breakthrough that has the potential to interrupt financial systems and redefine the way we perceive and handle 'money.'

Cryptocurrencies' historical significance is further amplified with countries like Japan, recognizing Bitcoin and others as legal tender, and several multinationals like Microsoft, ATT, and Overstock accepting crypto payments.

Conclusion

Advancements and developments in the Cryptocurrency field are rapidly changing our world's financial landscape. Despite numerous debates and scrutiny revolving around cryptocurrencies, their potential to foster a globally accessible, democratic, and secure financial future cannot be overlooked. Hence, the historical significance of cryptocurrencies extends much beyond financial transactions- it is a shift towards an innovative, transparent, and self-sustaining digital economy.

Show more
Current price:
All-time high:$0.04373
All-time low:$0.001004

DRAC supply and tokenomics

Circulating supply:0 DRAC
Total supply:106,824,000 DRAC
Max supply:106,824,000 DRAC
Market cap:$0.00
Fully diluted market cap:$243,508.7

Links

Buy Drac (Ordinals) for $1Buy DRAC now

What is the development prospect and future value of DRAC?

The market value of DRAC currently stands at $0.00, and its market ranking is #6267. The value of DRAC is not widely recognized by the market. When the bull market comes, the market value of DRAC may have great growth potential.

As a new type of currency with innovative technology and unique use cases, DRAC has broad market potential and significant room for development. The distinctiveness and appeal of DRAC may attract the interest of specific groups, thereby driving up its market value.

What will the price of DRAC be in 2025?
Based on DRAC's historical price performance prediction model, the price of DRAC is projected to reach $0.005737 in 2025.
What will the price of DRAC be in 2030?
In 2030, the DRAC price is expected to change by -7.00%. By the end of 2030, the DRAC price is projected to reach $0.005515, with a cumulative ROI of +152.35%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of DRAC and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is DRAC worth investing or holding? How to buy DRAC from a crypto exchange?

If you want to buy DRAC, the following information may be helpful for your investment decisions:
In the last seven days, the price of DRAC has risen by 9.75%, leading to positive returns for most DRAC investors. The market is currently optimistic about the price trend of DRAC.
It is important to note that the current price of DRAC has retreated by -94.79% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether DRAC is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in DRAC or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of DRAC, if you want to buy or sell DRAC, you can consider Bitget for your trading needs. The best place to buy DRAC is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in Drac (Ordinals) has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Drac (Ordinals). Here's a step-by-step guide on how to buy Drac (Ordinals) on Bitget.

How to get Drac (Ordinals) through other methods?

Using cash to buy Drac (Ordinals) is not the only way to obtain Drac (Ordinals). If you have the time to spare, you can get Drac (Ordinals) for free.
Learn how to earn Drac (Ordinals) for free through the Learn2Earn promotion.
Earn free Drac (Ordinals) by inviting friends to join Bitget's Assist2Earn promotion.
Receive free Drac (Ordinals) airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to Drac (Ordinals) through Bitget Convert, Bitget Swap, or spot trading.

What is Drac (Ordinals) used for and how to use Drac (Ordinals)?

The use case of Drac (Ordinals) may expand as the crypto market and the project itself develop. Currently, you can use DRAC to achieve the following goals:
Arbitrage by trading DRAC: Since DRAC is a frequently traded cryptocurrency, the price of DRAC is always fluctuating. Earn more DRAC by buying low and selling high on the exchange. Bitget spot market provides a variety of DRAC trading pairs to fully meet your needs.
Earn by staking DRAC: You can also generate income through financial management methods such as staking DRAC or lending DRAC. Bitget Earn offers a variety of financial products designed to help you earn more income from your DRAC.
Send or pay DRAC: If you want to give DRAC to your friends, a charity, or a fundraiser, or you want to pay someone with DRAC, you can quickly and easily send DRAC to the recipient through their payment address.
You can also go to the official website of the Drac (Ordinals) project to learn more about the use cases of DRAC. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

Learn about other cryptos

Recently added coin prices

More
A selection of recently added coins

Trending coin prices

More
Assets with the biggest change in unique page views on Bitget.com over the past 24 hours

Where can I buy Drac (Ordinals) (DRAC)?

Buy crypto on the Bitget app
Sign up within minutes to purchase crypto via credit card or bank transfer.
google download badgeios download badge
Trade on Bitget
Deposit your cryptocurrencies to Bitget and enjoy high liquidity and low trading fees.