Categories: CryptoNews

DeRace Price Up 34%, Reaching new ATH at $4.67

DeRace is doing extremely well today, registering upwards of 30% gain, rising from $3.82 to $4.67 at the time of writing.

What Is DeRace?

DeRace is a “complete NFT horse racing ecosystem” that aims to set a new standard for the betting industry. According to their website:

“DeRace is a play-to-earn NFT horse racing metaverse where you can participate in horse races, breed NFT horses with unique characteristics, build your own NFT hippodrome and make profit while doing it.”

In other words, DeRace is a virtual NFT horse racing universe based on blockchain and powered by $DERC

Why Is the DeRace Price Rising?

One potential reason for DeRace’s recent price surge is due to a recent listing on QuickSwap:

QuickSwap is a decentralized exchange powered by Polygon (formerly known as $MATIC), that includes benefits such as lightning-fast speeds and near zero gas fees.

$DERC Statistics & Features

$DERC’s current market cap is $154.7M ranking it #369. The circulating supply of $DERC is 24.2M with the total supply at 120M.

Related Post

One feature investors might find exciting, is the ability to stake your $DERC on a Uniswap Liquidity Pool. Simply deposit your $DERC-USDC Uniswap Liquidity Pool tokens to earn extra Annual Percentage Yield in $DERC!

As a reward for staking your $DERC, the top 40 stakers will receive NFT horses as a bonus reward, and 20 lucky stakers will get NFT horses as an extra bonus at the end of the program.

Keep in mind that the program rewards will be distributed over a period of 2 months, so if you decide to stake $DERC know that the tokens will be locked up for some time.

Where to Buy $DERC?

At the time of writing, 10 exchanges support DeRace, the top 4 by volume are:

  • PancakeSwap
  • Uniswap
  • Gate.io
  • Crypto.com

If you aren’t too comfortable using a decentralized exchange, the easiest way to purchase $DERC would be via the Crypto.com app.

If you haven’t made an account on Crypto.com make sure to use my referral link https://crypto.com/app/hryafnhd7p to sign up for Crypto.com and we both get $25 USD 🙂

Follow us on twitter @themerklehash to stay up to date with the latest cryptocurrency news!

Originally posted on: The VR Soldier

Mark Arguinbaev

I'm a 28 year old cryptocurrency entrepreneur. I was introduced to Bitcoin in 2013 and have been involved with it ever since. Fun Fact: I mined cryptocurrency using my college dorm room's free electricity.

Share
Published by
Mark Arguinbaev

Recent Posts

Ankr Price Up 11% Amid Binance Listing and Polkadot Parachain Integration

Ankr price is up over 11% today, making it one of the biggest gainers on…

22 mins ago

Keep Network Price Up 45% Amid Upcoming Threshold Merger

Keep Network price is up over 45% today, making it the biggest gainer on Crypto.com.…

14 hours ago

Nugenesis Patented Gasless NFT Platform Will Bring Mainstream Adoption

NuGenesis has 4 patents pending for its gasless NFT multi-cross chain system. It sees NFTs…

18 hours ago

Top 5 Metaverse Coins With Fully Functional Apps to Watch In 2022

The hottest trends in crypto right now are meme coins and metaverse projects. With Facebook's…

19 hours ago

How to Identify and Report Cryptocurrency Scams

With crypto going mainstream, there are a lot of scams popping out. While buying certain…

21 hours ago

Top 5 Meme Coins to Watch for Short Term Profit

With all the meme coins coming out, if you're looking to make short term profit…

2 days ago

This website uses cookies.