However, they all share the same moniker — every coin issued after Bitcoin is considered to be an altcoin. At the time of writing, we estimate that there are more than 2 million pairs being traded, made up of coins, tokens and projects in the global coin market. As mentioned above, we have a due diligence process that we apply to new coins before they are listed.
This platform is engineered to facilitate efficient token swaps, leveraging a robust liquidity incentive engine to attract and maintain liquidity. A smart contract enables multiple scripts to engage with each other using clearly defined rules, to execute on tasks which can become a coded form of a contract. They have revolutionized the digital asset space because they have enabled decentralized exchanges, decentralized finance, ICOs, IDOs and much more. A huge proportion of the value created and stored in cryptocurrency is enabled by smart contracts.
Drone Coin (DRONE) Price Chart for Sunday, November, 17, 2024
This event marked the beginning of its journey in the DeFi ecosystem, offering users a robust platform for trading and liquidity provision. The launch was accompanied by the release of its brand kit and logos, establishing its visual identity and enhancing its recognition within the cryptocurrency community. Traders, liquidity providers, and protocols can all benefit from using Aerodrome Finance. © 2024 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.
- Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase.
- Aerodrome Finance incorporates features such as low fees, locked positions, and self-optimizing liquidity.
- They can be used as art, a way to share QR codes, ticketing and many more things.
- Conversely, a drop below an important moving average is usually a sign of weakness in the DRONE market.
Similar Coins to Aerodrome Finance
They are a lagging indicator which means they are influenced by historical price activity. In the table below you can find two types of moving averages, simple drone coin price moving average (SMA) and exponential moving average (EMA). Here at CoinMarketCap, we work very hard to ensure that all the relevant and up-to-date information about cryptocurrencies, coins and tokens can be located in one easily discoverable place. From the very first day, the goal was for the site to be the number one location online for crypto market data, and we work hard to empower our users with our unbiased and accurate information.
In addition, the algorithm uses the cyclical nature of Bitcoin halvings, which introduce extra supply-side pressure on BTC every 4 years. This has historically played a pivotal role in cryptocurrency markets and is a major component of creating a realistic Drone prediction. The current Drone sentiment is bearish according to our technical analysis. Since it is open source, it is possible for other people to use the majority of the code, make a few changes and then launch their own separate currency. Some of these coins are very similar to Bitcoin, with just one or two amended features (such as Litecoin), while others are very different, with varying models of security, issuance and governance.
Drone Price Prediction Indicators
It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing. According to our Drone prediction algorithm, Drone will hit $10 in April 2045. According to our Drone prediction algorithm, Drone will hit $1 in December 2024. The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70).
Aerodrome Finance has also seen a notable increase in trading volume and Total Value Locked (TVL), reflecting its growing adoption and the trust it has garnered among users. This surge in activity underscores the platform’s potential and the effectiveness of its liquidity incentive mechanisms. By attracting more liquidity providers and traders, Aerodrome Finance strengthens its position as a central liquidity hub on the Base network.
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The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50. According to our Drone prediction algorithm, the price of Drone will not reach $100. We calculate the total cryptocurrency market capitalization as the sum of all cryptocurrencies listed on the site. Drone’s current circulating supply is 810.00M DRONE out of max supply of 810.00M DRONE. In terms of market cap, Drone is currently ranked #94 in the Proof-of-Work Coins sector, ranked #99 in the Yield Farming sector and ranked #588 in the Binance Smart Chain sector.
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