The team is developing blockchain-based data storage, which provides a decentralized, transparent, unalterable data-security system for the drone market through the use of smart contracts. During times of uncertainty, traders often seek refuge in dollar-pegged cryptocurrencies, perceiving them as safer alternatives. This move reflects a broader trend of investors flocking to traditional safe-haven assets like the U.S. dollar, gold, or government bonds.
Our unique mobile app enables drone pilots to contribute standardized and perfect imagery whenever and wherever you need it. The same way that your full drone avatar can be made tradable, the individual attributes that you customise your Battle Drone with can also be made tradable on the marketplace. This opens up a world of opportunity for collecting your favourite Battle Drones assets with the ability to trade them again in the future. Among all the assets available on CoinStats, these have the most similar market capitalization to Drone. According to our historical data, it is currently not profitable to invest in Drone. Drone price is correlated with the top 10 coins by market cap with a price of , excluding Tether (USDT) and correlated with the top 100 coins by market cap excluding all stablecoins with a price of .
Market Overview
According to our Drone prediction algorithm, Drone will hit $1 in December 2024. Trading and investing in digital assets is highly speculative and comes with many risks. The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice. Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold. Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens.
- Over the past 7 days, Drone price was most positively correlated with the price of and most negatively correlated with the price of .
- Cryptocurrencies like Bitcoin trade around the clock, offering investors a unique option for trading even on weekends.
- For currencies that are negatively correlated with Drone, a move in one direction for Drone would translate into a move in the opposite direction for the negatively correlated coin.
- Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition.
- During times of uncertainty, traders often seek refuge in dollar-pegged cryptocurrencies, perceiving them as safer alternatives.
What is the Drone price prediction for next week?
The new AI systems like ChatGPT and Gemini rely on better quality information to train their models. Never before has drone quality imagery been available at scale for these systems to consume. We anticipate incredible new and previously impossible applications to arise when AI meets Spexi imagery at scale. There are 150,000,000 people who are into the hookah domain, and those alone, can make Drone stronger than the strongest cryptocurrency ever made.
Based on multiple technical quantitative indicators, the current forecast for Drone in 2024 is bearish. However, it’s important to consider both technical factors (price history) and fundamental factors (on-chain activity and development) before making the decision to buy Drone or not. The current Drone sentiment is bearish according to our technical analysis. According to our Drone prediction algorithm, Drone will hit $10 in May 2045.
How does our price prediction for Drone work?
- This success award goes to the combination of people, accurate crypto market analysis and data, the latest news, latest blogs, advertisement placements, and many more.
- It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite.
- Never before has drone quality imagery been available at scale for these systems to consume.
- Each candlestick will display DRONE’s opening price, closing price, as well as the highest and lowest prices that Drone reached within the 1-hour period.
- Drone traders use a variety of tools to try and determine the direction in which the DRONE market is likely to head next.
In , () is anticipated to change hands in a trading channel between and , leading to an average annualized price of . This could result in a potential return on investment of compared to the current rates. Our FLY-TO-EARN mobile app controls your drone autonomously and captures perfect imagery every time.
However, using the total supply as of Dec 30, The market capitalization of Drone will be $340.2 Million. When trying to drone coin price make a Drone forecast, many traders also try to monitor the activity of DRONE “whales”, which are entities and individuals that control large amounts of DRONE. Since the Drone market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Drone’s price movements.
Powering next-gen applications with standardized and ultra‑high resolution drone imagery. The tokens are oriented to the most booming markets where you are part of those markets already. The hospitality and Hookah industry are growing by the hour, and Drone aims to be their cryptocurrency. All players within the scope of this industry will be able to process all their payments via Drone. Assets with the largest change in unique page views on CoinStats in the last 24 hours.
An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued. Many cryptocurrency traders pay close attention to the markets when the current Drone price crosses an important moving average like the 200-day SMA. The Fear & Greed Index combines several market and investment indicators, including 30- and 90-day volatility, trading volume, social media activity, and Google Trends data. The Fear & Greed Index can be a useful measure of Drone investors’ sentiment, and is based primarily on Bitcoin-related market data. In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA).
The UAVI project launched in 2021, UAVI token in June 2022 with the vision to build the world’s first decentralized crypto-drone ecosystem. At the heart of the UAVI ecosystem will be a community sharing & service oriented marketplace PLATFORM. The UAVI Platform provides DeFi solutions in the world of drones through the use of the UAVI token and UAVI NFTs.
Moving averages are among the most popular Drone price prediction tools. As the name suggests, a moving average provides the average closing price for DRONE over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for DRONE is a sum of DRONE’s closing prices over the last 12 days which is then divided by 12. Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time. They are a lagging indicator which means they are influenced by historical price activity. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).
Just like with any other asset, the price action of Drone is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of DRONE.
The market capitalization of Drone can change significantly in a short period of time. Most traders use candlestick charts, as they provide more information than a simple line chart. 1-hour, 4-hour and 1-day candlestick charts are among the most popular.
It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing. Since 2017, DigitalCoinPrice has become one of the trusted brands within the crypto community. This success award goes to the combination of people, accurate crypto market analysis and data, the latest news, latest blogs, advertisement placements, and many more.