What is a Derace token (DERC)?

To wrap it up, DeRace’s native token ($DERC) serves as the major fuel of the whole ecosystem, enabling all transactions in racing, betting, trading, etc. Players are given opportunities to earn their income in DeRace tokens through various channels like breeding, betting, referral and others.

What is Derace native coin (DERC)?

DeRace’s native coin ($DERC) is an ERC20 based cryptographic token that complies with the Ethereum system and can be traded on the Ethereum blockchain. The coin serves a dual-function of being both a native currency of DeRace and an independent store of value. Players can minimize in-game transaction fees by using DeRace native coins.

When did the Derace NFT token launch?

The token launched its Initial Dex Offering (IDO) on July 26, 2021 on DAO Maker. The DeRace NFT token sparked investor enthusiasm, surging by 812% between 15 August and 21 November.

Is Derace (DERC) underperforming the global cryptocurrency market?

With a price increase of 0.70% in the last 7 days, DeRace (DERC) is underperforming the global cryptocurrency market which is up 3.70%, while outperforming when compared to similar Polygon Ecosystem cryptocurrencies which are up 0.00%.