Derc Crypto: A Smart Investment Move?

DeRace (DERC) is a decentralised blockchain-based non-fungible token (NFT) ecosystem that allows users to breed horses, participate in races and build their own virtual hippodromes. The DERC token fuels the platform by allowing players to make in-game purchases, place bets on live races, earn winnings and asset trades. The DeRace NFT token sparked investor enthusiasm, surging by 812% between 15 August and 21 November. However, the token’s price has been volatile, and it has experienced both surges and dips since its launch. So, is DERC crypto a good investment? That depends on various factors, including individual investor goals, risk tolerance, and market conditions. As with all cryptocurrencies, investing in DERC can be risky due to the volatility of the market. Therefore, it is essential to do your research and consider your financial situation before investing.

DERC's price history and future predictions

DERC Price History and Future Predictions

DeRace (DERC) is a decentralised blockchain-based non-fungible token (NFT) ecosystem that allows users to breed horses, participate in races, and build their own virtual hippodromes powered by the DERC token. The DERC token fuels the platform by allowing players to make in-game purchases, place bets on live races, earn winnings, and trade assets.

Price History

The DERC token launched its Initial Dex Offering (IDO) on 26 July 2021 on DAO Maker. The token price surged by 812% between 15 August and 21 November. The DERC coin reached its all-time high of $8.45 on 25 November 2021, after developers announced the full functioning of the NFT horse ticket exchange programme and the finalisation of certain aspects of the game's beta version. However, the token's price dropped to $6.5 the following day. Since its November high, the coin has experienced a downward trend, falling by 55.8% to $3.6 as of 30 December 2021.

Future Predictions

Despite the downward price action, Wallet Investor, an algorithm-based forecasting service, gave a bullish prediction for the DeRace token, noting that it's "an awesome long-term investment". Wallet Investor predicted that DERC will trade at $14.373 in 2022 and reach $54.511 by 2026. On the other hand, DigitalCoinPrice gave a more conservative prediction, expecting the token to reach double digits only by 2026, with a predicted value of $15.58 by 2028.

It's important to note that price predictions can be wrong and shouldn't be solely relied upon when making investment decisions. The cryptocurrency market is highly volatile and unpredictable, and it's always advised to conduct your own research and consider your risk tolerance before investing.

The NFT horse racing metaverse

DeRace (DERC) is an NFT horse racing metaverse where users can participate in horse races, breed unique NFT horses, build their own NFT hippodromes, and earn prizes. The DeRace token (DERC) is used to perform various actions within this ecosystem.

Whether DeRace is a good investment depends on individual investor goals, risk tolerance, and market conditions. As with all cryptocurrencies, investing in DERC can be risky due to the volatility of the market. It is always advised to do your own research and consider your financial position before investing.

• By 2025, DeRace is expected to benefit from a thriving, burgeoning crypto market. The average price of DERC is predicted to be $3.25, with the highest peak reaching $4.10.
• In 2026, the price of DeRace is estimated to continue its uphill trend, potentially reaching an average of $4.00, with the highest peaks seeing $4.95.
• A period of market correction is expected in 2027, with the average price of DeRace experiencing a minor drop to around $3.50.
• The correction phase will likely continue in 2028, with average prices dropping further to approximately $3.15.
• In 2029, DeRace prices are expected to rebound sharply, with a predicted average price of $4.40 and the highest price at $5.30.
• By 2030, DeRace is forecasted to continue its bullish run, with an average predicted price of $5.30 and a maximum high of $6.50.

Now, let's delve into the exciting world of The NFT Horse Racing Metaverse:

ZkRace stands out by being the first horse racing ecosystem to transcend single-chain limitations, allowing it to dominate multiple blockchain networks. This player-driven platform integrates real-life racing dynamics to offer seamless and enjoyable experiences that resonate with athletes and are accessible to both crypto enthusiasts and newcomers. The game utilizes advanced Layer 2 zk-rollup Validium technology to enhance the gaming experience by reducing financial barriers and enhancing transparency.

Another notable player in the NFT horse racing metaverse is MetaRace, built on the Caduceus Metaverse Protocol blockchain. MetaRace brings together real-world sporting excellence, decades of racing experience, and cutting-edge technology. Players can breed mechanical horses, trade NFTs, or simply watch races from the sidelines.

DERC's market cap and trading volume

DeRace (DERC) is a cryptocurrency used in the NFT horse-racing metaverse, where users can breed unique NFT horses, build their own NFT hippodrome, and earn prizes. The DeRace token (DERC) is used to perform various actions within this ecosystem.

ZkRace (ZERC) is the new name for DeRace (DERC). The project launched its IDO on July 16, 2021, and the beta version was launched on December 28, 2021. The name change reflects the fact that zkRace is now the world's first zk-rollup infrastructure tailored for GameFi and powered by the ZERC token.

The ZERC token is currently trading at $0.113830 USD, with a 24-hour trading volume of $72,661.23 USD. The market cap of zkRace (ZERC) is BTC549.3198, and it is ranked #731 on CoinGecko. The fully diluted valuation (FDV) of zkRace (ZERC) is BTC549.3198. This is based on the current market price and assumes a total supply of 120 million ZERC tokens. The trading volume of zkRace (ZERC) in the last 24 hours was $73,296.99, representing a 14.80% increase from the previous day.

The highest price paid for ZERC was BTC0.0001423 on November 25, 2021, and the current price is 98.60% lower. The lowest price was BTC0.051651 on August 8, 2024, making the current price 15.50% higher.

The total cryptocurrency market cap today is $2.3 Trillion, a 1.6% change in the last 24 hours. The total cryptocurrency trading volume in the last day is at $78.4 Billion. Bitcoin dominance is at 54.3%, and Ethereum dominance is at 13.4%.

How to buy DERC tokens

DeRace (DERC) is a decentralized horse racing platform based on blockchain technology. It is an NFT horse racing metaverse where users can participate in horse races, breed unique NFT horses, build their own NFT hippodrome, and earn prizes. The DeRace token (DERC) is used to perform various actions within this ecosystem.

• Create a free account on a secure and centralized exchange such as Gate.io, where you can buy DeRace with your credit card or bank account. You will need to verify your identity to start trading.
• Choose your preferred payment method. In many cases, it is easier to buy DeRace using a stablecoin such as USDT or USDC, as many exchanges offer DERC/USDT trading pairs, giving you more options for setting the desired price without extra fees.
• Buy DeRace with a debit/credit card or bank transfer. If you are new to cryptocurrency, using a debit/credit card is the easiest and quickest way. Tap "Quick Buy" on the Gate.io website or app, choose DeRace and the amount you want to buy, select your payment method, add your payment details, and confirm the amount.
• Store your DeRace tokens securely in a hardware wallet. Hardware wallets are physical devices that store your DeRace tokens offline, away from hackers. The Ledger Nano S or Ledger Nano X are recommended for storing DERC tokens.

It is important to note that investing in cryptocurrencies like DERC can be risky due to the volatility of the market. Be sure to do your own research and consider your financial position before investing.

DERC's rebrand to ZERC

DeRace (DERC) has rebranded to zkRace (ZERC), a Web3 horse racing game and the world's first zk-rollup infrastructure tailored for GameFi. The project, built by W3Forge, is led by CEO Adomas Juodišius and CMO Adelaida Sinkevič, who previously worked together at Media Bubbles, a marketing agency.

The ZERC token is the powerhouse behind zkRace, fuelling both the game and the underlying infrastructure. With a total supply of 120 million tokens, ZERC is an ERC-20 token based on the Ethereum blockchain, which is secured by a massive decentralized network of stakers.

ZkRace stands out as the leading NFT horse racing metaverse, offering scalability, transparency, and a player-driven focus. It is the first horse racing ecosystem to transcend single-chain limitations, positioning itself to dominate multiple blockchain networks. The platform integrates real-life racing dynamics, extending beyond the digital realm to offer seamless and enjoyable experiences for athletes, crypto enthusiasts, and newcomers alike.

On the infrastructure side, zkRace utilizes advanced Layer 2 zk-rollup Validium technology to enhance Web3 gaming. This system reduces financial barriers and enhances transparency by enabling near-zero gas fee transactions for minting, trading, and storing data. With its in-house Validium solution, zkRace ensures smooth gameplay, scalable off-chain data storage, and on-chain verification of all game data integrity.

The beta version of zkRace was launched on December 28, 2021, and the project has attracted investments from prominent VCs such as DAO Maker, Animoca Brands, and LD Capital. With a strong team, unique positioning, and innovative technology, ZERC is well-positioned to bring about the GameFi revolution and offer unparalleled utility in the Web3 gaming space.

Frequently asked questions