Drops Ownership Power (DROPS)
1. Fundamental Analysis
1.1 Introduce
Drops platform solves the problem of idle NFT assets that can’t be used to generate yield. By combining NFT fractionalisation, loans and LP tokens, Drops created a platform where users can leverage their NFTs and extract additional value. Through a new financial NFT product “Margin NFT” users holding NFTs can use them as a collateral to obtain a loan or stake to earn yield.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | DROPS | Market Cap | 80748.6 |
| Name | Drops Ownership Power | White Paper | -- |
| Web Site | https://drops.co | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 15000000 | |
| Supply | 15000000 | Release Date | 2021-05-22 |
| Available Supply | 13458100 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
Concentration of price within a narrow range with slight downward trend, potential bearish continuation. High trading volume in previous sessions indicates strong market sentiment. Possible downward movement in the short term.
