DEP coin is the abbreviation of DEAPcoin. Since its launch, the price has fluctuated greatly, which has also caused investors to question DEP coin, thinking that it is a fund bank. Is DEP coin a fund bank? According to the data, it is not a fund disk. DEP coin is the token of the DEAPcoin project, which is related to blockchain games, virtual assets and NFT. But after 2022, the price of DEP currency continues to fall, even falling to the lowest price of $0.000685. Does such a price make investors worry that DEP currency will be cleared? When this happens, although the price of DEP currency is not very good, its rate of return is still relatively good. The editor will talk about it in detail below.
The latest price of DEP coin
＄0.0017 ≈ ¥0.01
##Is DEP coin a fund pool?
Currently, DEP coins are not funds. DEP coins are utility tokens used on DEA’s PlayMining GameFi platform. Players can earn these tokens by playing games and use them to earn non-fungible tokens. The entertainment platform PlayMining is committed to allowing users to receive cryptocurrency rewards while enjoying the games and comic resources on the platform for free. The characters and items in the work will be sold as digital assets and secondary transactions between Digital Art Auction users will be developed.
The fund plate refers to a fictitious investment plan or investment scheme that promises investors high returns, but may actually be a fraud. Such schemes typically entice investors to claim extremely high profits by purchasing cryptocurrencies or participating in some kind of investment scheme. However, many times, these schemes are actually Ponzi schemes or other types of fraud.
The DeapCoin platform provides PlayMiners with room to win in the gaming area. There are specific settings and scenarios in the game that reward players with a specific number of DEP tokens. These special scenarios and conditions include winning an in-game mission or card, passing a mission, or breaking an existing record. On the gaming platform, PlayMiners have the opportunity to purchase digital assets based on games or comics of their choice; this allows them to keep the acquired assets and sell them at a higher price. Additionally, possessing these items grants special powers and unlocks various abilities.
Will DEP coins be reset to zero?
The possibility that DEP coins will be cleared is relatively small. According to official data, the current price of DEP coins is US$0.00258, lower than the historical high price of US$0.095647, but higher than the issuance price of US$0.0025. The current investment return is +3.52%, with a circulating supply of 7,231,239,464 coins, accounting for 24.10% of the total supply. It is currently listed on 8 exchanges, including mainstream exchanges such as Oyi, Huobi, and OpenSesame. Overall, the development of DEP currency is good, and the possibility of clearing it is relatively small.
DEP currency, as a freely circulating digital currency, has been associated with Ethereum, can support and update technology in a timely manner, and is more friendly and stable to developers. Therefore, it will be supported by continuous upgrades of future technology. Market prices will also increase as development technology improves.
DEP coin is currently a relatively new project, but as more people learn about it, more people may invest in this project if more and more people start to buy and use DEP coins, then the price may rise. Once the project is able to successfully implement its vision and goals, and gain more users and investors, the price will likely increase.
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