Dropil DROP Token Analysis and Markets in 2020

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Last modified on 11. October 2020

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Quarters

Quick Facts

Dropil is a small cryptocurrency. Boasting a market capitalization of nearly US$ 535 thousand on 1 October 2020, it had captured less than 0.01 percent of the market for crypto assets.¹^|2 Its ticker symbol is DROP.

In April 2018, the gathering of real-time trading data for Dropil started on coinmarketcap.com.

dropil.com

Quarterly Averages

This section presents the quarterly averages (trimester) for trading volume, market capitalization and trading price for 2017, 2018, 2019 and 2020.

Trading Volume & Market Capitalization

For example, Dropil had an average trading volume of just above US$ 39 k per day for the first trimester of 2019.

For the first trimester of 2019, the average market capitalization was just under US$ 12.2 m.

Trading Price

The all-time high of Dropil in 2018

Dropil DROP Price analysis generated by coindashboards.com — Price analysis for the most important moments in Dropil’s trading history (DROP)

The Dropil currency climbed to a high in August 2018 at US$ 0.011307. The equivalent market capitalization of the token reached over US$ 55 million. This put Dropil around certain other digital currencies, such as Loopring, CyberMiles, THETA, PIVX and Emercoin, among others.

Dropils all-time high compared to Bitcoin and the most renowned companies worldwide

Bitcoin, by far the largest cryptocurrency at the time, had a market capitalization of US$ 121 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 1099 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 0 billion.

Dropil (DROP): 0.055 bn US dollars
Bitcoin (BTC): 121 bn US dollars
Apple (AAPL): 1099 bn US dollars
VW (VWAGY): 0 bn US dollars
Date: 31 August 2018

March 2019: an interesting date following the big cryptocurrency crash

On 1 March 2019, the price of Dropil stood at US$ 0.000554 with a market capitalization of over US$ 12.4 million. In comparison with the peak trading price described above, this represents a decline down to approximately 4.9 percent.

Bitcoin dropped down to approximately 19.5 and Ethereum to about 9.7 percent of their all-time-high trading prices around that time.

More Details

The Dropil-Token is not a native digital currency and is not created by mining. It has no maximum number of tokens, unlike HedgeTrade, for example.

Dropil transactions currently in progress can be tracked using this block explorer, which also displays block height and other real-time metrics.

To delve deeper into the world of Dropil, download the white paper or find more links to community forums, source code and social media channels, visit dropil.com.

Markets

Dropil DROP Market analysis generated by coindashboards.com — Markets on which Dropil (DROP) can be traded

Dropil can be bought or sold on the following trading platform: IDEX.

Social Links

Stop by the following social media channels to speak directly to the Dropil team:

^{1. This figure changes to 0.0004 percent when taking Bitcoin out of the equation.}

^{2. Read about our sources}