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Drift (DRIFT) to IDR

Find the real-time Drift (DRIFT) - IDR conversion rate,along with history, market insights and other vital information to help with your cryptocurrency trading and investing.Use our secure and fast exchange platform to easily convert your Drift (DRIFT) into IDR, getting competitive transaction fees and enjoy a smooth trading experience!

About Drift (DRIFT)

Introduction to Drift (DRIFT), blockchain basics, and how digital currency works

Drift (DRIFT) is an innovative decentralized finance (DeFi) project designed to revolutionize the trading experience in the cryptocurrency market. It operates on the principles of transparency, efficiency, and user empowerment, making it an attractive option for both newcomers and experienced traders in the crypto space. At its core, Drift enables users to trade cryptocurrency derivatives in a decentralized manner. This means that instead of relying on traditional centralized exchanges, users can engage in trading directly on the blockchain. This approach not only enhances security by reducing the risks associated with centralized exchanges but also ensures that users maintain control over their funds at all times. The operating logic of Drift revolves around an automated market maker (AMM) model, which allows users to trade derivatives without the need for an order book. Instead of matching buyers and sellers, the platform uses liquidity pools where users can deposit their assets. This liquidity is then utilized to facilitate trades, ensuring that users can easily enter and exit positions without extensive delays. The DRIFT token plays a crucial role in the ecosystem, serving as both a utility and governance token. Holders of DRIFT can participate in decision-making processes regarding the platform's future developments and improvements. Drift was launched to address some of the challenges faced by traditional trading platforms, such as high fees, slow transaction times, and lack of transparency. The team behind Drift consists of experienced professionals from the fields of finance, technology, and blockchain, all of whom share a passion for creating a more equitable financial system. Their expertise ensures that Drift is not only technically sound but also user-friendly, catering to both seasoned traders and those new to the crypto world. The project is built on the Solana blockchain, known for its high throughput and low transaction costs. This infrastructure allows Drift to offer a seamless trading experience, with fast execution times and minimal fees, making it an attractive option for users looking to maximize their trading efficiency. In addition to its cutting-edge technology, Drift is committed to fostering a strong community. The team actively engages with users, encouraging feedback and suggestions to continuously improve the platform. This community-driven approach helps build trust and ensures that Drift evolves in line with the needs of its users. For those looking to explore the world of cryptocurrency trading, Drift offers a unique opportunity to participate in DeFi with a focus on simplicity and accessibility. By combining advanced technology with user-centric design, Drift aims to empower individuals to take control of their financial futures in the growing digital economy. Whether you are a beginner or an experienced trader, Drift provides a platform that makes trading derivatives both straightforward and rewarding.

Drift (DRIFT) to IDR Real-Time Market Price

Rp5130.0000-7.48%(5m)
5m4H1D1W1M

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Conversion RateDrift (DRIFT) to IDR

DRIFT to IDR

  • Qty
  • 0.5 DRIFT2565.00 IDR
  • 1 DRIFT5130.00 IDR
  • 5 DRIFT25650.00 IDR
  • 10 DRIFT51300.00 IDR
  • 50 DRIFT256500.00 IDR
  • 100 DRIFT513000.00 IDR
  • 500 DRIFT2565000.00 IDR
  • 1000 DRIFT5130000.00 IDR

IDR to DRIFT

  • Qty
  • 0.5 IDR-- DRIFT
  • 1 IDR-- DRIFT
  • 5 IDR-- DRIFT
  • 10 IDR-- DRIFT
  • 50 IDR-- DRIFT
  • 100 IDR-- DRIFT
  • 500 IDR-- DRIFT
  • 1000 IDR-- DRIFT

Drift (DRIFT) to IDR Trending

Price History

24H
QtyCurrent Price24H Ago24H Change%
0.5 DRIFT2565.00 IDR1911.66 IDR
+34.17%
1 DRIFT5130.00 IDR3823.33 IDR
+34.17%
5 DRIFT25650.00 IDR19116.66 IDR
+34.17%
10 DRIFT51300.00 IDR38233.33 IDR
+34.17%
50 DRIFT256500.00 IDR191166.66 IDR
+34.17%
100 DRIFT513000.00 IDR382333.33 IDR
+34.17%
500 DRIFT2565000.00 IDR1911666.66 IDR
+34.17%
1000 DRIFT5130000.00 IDR3823333.33 IDR
+34.17%

Drift (DRIFT) to IDR Insights

Price Volatility of Drift (DRIFT) In recent weeks, the price of Drift (DRIFT) has experienced significant volatility, reflecting broader trends in the cryptocurrency market. After a period of relative stability, the price surged sharply, drawing attention from both retail and institutional investors. This fluctuation can be attributed to several factors, including market speculation, trading volume spikes, and the influence of major cryptocurrency trends. Notably, DRIFT's price movements align with shifts in the decentralized finance (DeFi) landscape, where innovative projects often create ripple effects across related assets. Institutional Investment Trends Institutional investment in Drift (DRIFT) has been on the rise, as more financial entities recognize the potential of DeFi and the opportunities presented by DRIFT. Recent reports indicate that hedge funds and asset managers are increasingly allocating portions of their portfolios to digital assets, including DRIFT. This trend is fueled by the growing acceptance of cryptocurrencies as a legitimate asset class and the desire for diversification in investment strategies. The influx of institutional capital is likely to bolster DRIFT's price stability over the long term, as these investors typically exhibit a longer-term outlook compared to retail traders. Impact of Global Regulatory Policies The regulatory landscape surrounding cryptocurrencies continues to evolve, impacting market dynamics significantly. Recent developments in global regulatory policies have created a mixed environment for DRIFT and similar assets. While some jurisdictions are embracing cryptocurrencies with supportive frameworks, others are imposing stringent regulations that could hinder growth. For instance, regulatory clarity in regions like Europe and Asia is fostering a more conducive environment for innovation, whereas crackdowns in specific markets may lead to uncertainty. Investors are closely monitoring these developments, as regulatory decisions can significantly influence market sentiment and investment flows. Shifts in Market Sentiment Market sentiment towards Drift (DRIFT) has experienced notable shifts, driven by both macroeconomic factors and specific project developments. Positive news, such as partnerships, technological advancements, or integrations into larger ecosystems, often leads to bullish sentiment and price rallies. Conversely, negative headlines or broader market downturns can trigger sell-offs and increased volatility. The sentiment analysis indicates that while there is growing optimism surrounding DRIFT, external factors such as market corrections or changes in investor appetite for risk can lead to sudden shifts, making it crucial for investors to remain vigilant. Conclusion Overall, Drift (DRIFT) is positioned at the intersection of growing institutional interest, regulatory developments, and market sentiment shifts. Investors should keep a close eye on these factors as they navigate the complexities of the cryptocurrency market. The ongoing evolution of Drift and its potential for future growth will depend on how well it adapts to these changing dynamics and the broader market environment.

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    Drift (DRIFT) to IDR FAQ

      Market Info

      • Current Price

        5130.0000

      • Market Cap

        94572394.47367994

      • 24h Vol

        1304431.1942

      • Initial Price

        --

      • Issue Time

        2021/02/09

      • Circulating Supply

        347331378.679005

      • Max Supply

        --

      • 24h Change%

        -7.48%

      • 24h Change

        5129.6673

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