DRAC Price

DRAC is a BRC-20 meme token built on the Bitcoin blockchain using the Ordinals protocol. Launched in 2023, it has a total supply of 72M DRAC tokens. As of 2026-03-14, DRAC is ranked #5377 by market cap at $66.23K, with a current price of $0.00062. Over the past 24 hours, it has seen a -35.47% change in price, with a trading volume of $3.94K. DRAC reached its all-time high of $0.09184 on May 10, 2023, and its all-time low of $0.00005608 on the same day. The circulating supply is 106.82M DRAC DRAC tokens, representing 100% of the total supply. DRAC can be traded on several cryptocurrency exchanges and stored in Bitcoin-compatible wallets that support BRC-20 tokens.

DRAC was created on May 6, 2023. It is a BRC-20 meme token launched on the Bitcoin blockchain using the Ordinals protocol. As one of the early BRC-20 tokens, DRAC aims to leverage the popularity and security of Bitcoin while offering a fun and community-driven cryptocurrency experience. Since its creation, DRAC has gained traction among crypto enthusiasts interested in Bitcoin-based tokens and meme coins.

The founders of DRAC (DRAC) have chosen to remain anonymous. This is not uncommon in the cryptocurrency space, where many projects are launched by pseudonymous or anonymous teams. The DRAC project was launched in May 2023 as a BRC-20 token on the Bitcoin network, utilizing the Ordinals protocol. While the identities of the founders are unknown, the project has gained traction in the crypto community, with a current market cap of $66.23K and a circulating supply of 106.82M DRAC. The team behind DRAC communicates with the community primarily through their official Twitter account and website. Despite the anonymity of its creators, DRAC has established itself as one of the notable BRC-20 tokens in the ecosystem.

DRAC operates as a BRC-20 token on the Bitcoin blockchain using the Ordinals protocol. It utilizes Bitcoin's network for security and transactions while enabling additional functionality through inscriptions. Key aspects of how DRAC works include: 1. Minting: New DRAC tokens are created by inscribing metadata onto satoshis (the smallest unit of Bitcoin). 2. Transfers: DRAC can be transferred between addresses by sending the inscribed satoshis. 3. Supply: DRAC has a fixed maximum supply of 100M DRAC tokens, with 106.82M DRAC currently in circulation. 4. Transactions: DRAC transactions are recorded on the Bitcoin blockchain, inheriting its security and decentralization. 5. Storage: DRAC tokens can be held in Bitcoin wallets that support Ordinals and BRC-20 tokens. 6. Trading: DRAC can be traded on platforms that support BRC-20 tokens, with a 24-hour trading volume of $3.94K. 7. Price discovery: The current price of DRAC is $0.00062, determined by market supply and demand. As a BRC-20 token, DRAC combines Bitcoin's robust infrastructure with additional token functionality, creating new possibilities for digital assets on the Bitcoin network.

DRAC utilizes a BRC-20 token standard built on the Bitcoin blockchain. As a Bitcoin-based token, it leverages Bitcoin's robust security and decentralization while enabling additional functionality through the BRC-20 standard. The technical architecture includes: 1. Bitcoin blockchain as the underlying network 2. BRC-20 token standard for defining token properties and functions 3. Ordinals protocol for inscribing token data onto individual satoshis 4. Decentralized storage of token information on the Bitcoin blockchain 5. Off-chain indexers to track token balances and transactions This architecture allows DRAC to benefit from Bitcoin's security while enabling token-specific features like transfers and balance tracking. The use of inscriptions through Ordinals provides a unique way to associate token data with Bitcoin's native units. Overall, DRAC's technical design aims to create a secure, scalable, and interoperable token ecosystem on top of Bitcoin.

The future of DRAC looks promising. The project has outlined an ambitious roadmap focused on expanding its ecosystem and use cases. Key milestones include: 2026: Launch of DRAC DEX and staking platform 2027: Integration with major DeFi protocols 2028: Release of DRAC mobile wallet and payment solutions 2031: Expansion into NFT and metaverse applications The team is committed to continuous development and community growth. They aim to position DRAC as a leading BRC-20 token with real-world utility. Price predictions suggest potential upside: 2027: $0.0007292 2031: $0.001046 2036: -- While ambitious, these targets reflect the project's strong fundamentals and growing adoption. As always, investors should conduct their own research before making decisions.