Digital Rand Price Overview
The current Digital Rand price is 0.065100000 €. The price has changed by 6.67% in the past 24 hours on trading volume of 26.630 €. The market rank of Digital Rand is -- based on a market capitalization of NaN €. Digital Rand has a circulating supply of NaN DZAR. The highest recorded Digital Rand price is 1.280000 €. And the lowest recorded DZAR price is 0.000000001180 €.
How do Digital Rand price movements correlate with market trends? Check our complete cryptocurrency exchange rate page for information at a glance.
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Analysing Digital Rand’s price history
Before buying any cryptocurrency, it’s worth doing your homework. That means analyzing the price history to look for recurring patterns and indicators that the price of your investment is more likely to rise than to fall.
Make sure your price prediction for Digital Rand matches your long-term and short-term financial goals.
There are countless ways to analyse crypto price performance and make a buying decision. Two of the most commonly used are technical analysis and fundamental analysis.
Technical analysis is valuable in crypto investing even if you don’t have access to years of historical price data in the Digital Rand chart. For example, with many cryptos, dramatic price drops and periods of high volatility have been followed by a sustained rise to new highs. There’s no guarantee that the pattern will be sustained in the future, but if it has been consistent in the past, it’s worth considering.
In fundamental analysis, you examine economic, financial, political, and social factors that influence prices. You collect information about interest rates, gross domestic product, manufacturing data, and unemployment rates to make informed predictions about stock prices.
News events are important too, especially economic indicators. Is the national bank raising interest rates? Are fiscal conservatives being elected? Have storms or droughts disrupted agriculture, tourism, and other industries?
Most investors find it best to apply both technical and fundamental analysis techniques when evaluating a purchase or sale.
Factors influencing the Price of Digital Rand
Many factors affect the value of Digital Rand.
The Digital Rand exchange rate sometimes moves with changes in the wider economy. And sometimes crypto moves the opposite direction. For example, many cryptos have made impressive gains despite bank failures and economic uncertainty in international financial markets. This may indicate that investors have turned away from risky banks and turned to crypto, which has delivered historic long-term benefits.
Government regulations have a great impact on the price of Digital Rand and other currencies. Tax policies, regulations regarding investments, mining restrictions, government plans for official digital currencies, and other developments can move the crypto market higher or lower.
Newsmakers increasingly influence crypto prices. When a billionaire entrepreneur tweets support for a particular coin or token, the price often goes up. More and more celebrities are promoting cryptos and NFTs to millions of followers on social media. The effects of these endorsements on crypto prices cannot be overstated. Watch for mentions of Digital Rand in the news, monitor DZAR on Twitter. Visit the project’s online community at Discord or elsewhere. The better informed you are, the better the decisions you will be empowered to make.
Competition and ongoing technological changes make a difference too. Many Web3 tokens are related to established blockchains like Ethereum and Solana. Take Ethereum, for example. The Ethereum Foundation has been open about its plans for introducing new technology to the underlying blockchain. Will those innovations create an opportunity for Digital Rand? Or will they close a technology gap, rendering Digital Rand less valuable as an investment?
Live Digital Rand value and market cap
The live Digital Rand exchange rate varies from moment to moment as transactions take place on exchanges all over the world. Given the volatility of cryptocurrencies, prices can rise or fall significantly in a short period.
The market capitalisation of Digital Rand is equal to the value of Digital Rand multiplied by the number of Digital Rand in circulation.
Where to buy Digital Rand
So you’re ready to jump into the world of cryptocurrency and you want to know where to buy Digital Rand (DZAR)? Digital Rand is available to buy, sell, and use with the Kriptomat Web3 Wallet – the simple and secure way to store your crypto.
What payment methods can I use to buy Digital Rand
We’ve made it easy to top up your Web3 Wallet! You can fund your Web3 purchases via SEPA bank transfer, Visa, MasterCard, Apple and Google Pay, or Skrill to buy Digital Rand (DZAR).
What can you do with your Digital Rand?
Buy Digital Rand with euros
Access Digital Rand tokens before they are listed on centralised exchanges. Get the best rates and purchase with your card or bank account, all on one platform.
Exchange Digital Rand
Swap some or all of your Digital Rand for any other crypto with ease. No crypto platform makes transactions as fast and convenient as Kriptomat.
Use Digital Rand
Use the Digital Rand you buy with the Kriptomat app to access Web3 dApps, DeFi applications, games, and NFT marketplaces.
Sell Digital Rand for euros
Simplify your life with the Web3 wallet that lets you sell your Digital Rand for euros in seconds. Easily withdraw to your bank account or bank card.
Earn Digital Rand
With Digital Rand, you can easily access DeFi with liquidity pools. Liquidity pools are funds that allow users to lend or borrow Digital Rand at competitive interest rates.
Hold your Digital Rand
Your Digital Rand tokens will be securely stored in your Kriptomat Web3 wallet. You can save it for a rainy day or until you’re ready to cash in.
COMPARABLE TRADE VOLUME
Digital Rand Price FAQ
What factors influence the price of Digital Rand?
Political events, the world economy, celebrity endorsements, and market news are among the countless factors that influence cryptocurrency prices. To see how Digital Rand tracks the overall market, check out our comprehensive cryptocurrency price page.
What is the highest price of Digital Rand in EUR?
Digital Rand price history shows that Digital Rand has recorded a peak value of 1.280000 €.
What is the current price of Digital Rand in EUR?
Digital Rand is available for immediate purchase at Kriptomat. The current price is 0.065100000 €.
How can I buy Digital Rand?
You can consult an expert to tell you how to buy Digital Rand. However, it’s fast and easy to buy Digital Rand with the Kriptomat app. Digital Rand is available for immediate purchase at the current Digital Rand price quote of 0.065100000 €. Current prices are always displayed in the Digital Rand chart.
How much Digital Rand should I buy?
If you’re purchasing tokens to use an app or play a game, explore the website and see how much you’ll need. If you’re acquiring Digital Rand as an investment, take a look at your financial goals, your investment fund, and your portfolio. Smart investors build portfolios of 10 or more cryptocurrencies, balancing factors like anticipated growth rates, volatility, market niche, and more.
Is there an order minimum?
You can buy Digital Rand for as little as €15 but bear in mind the blockchain fees that are charged for DEX tokens.
Is Digital Rand easy to sell?
Though it can be difficult to bring yourself to part with any cryptocurrency, Kriptomat has made it as simple as possible to sell your DZAR whenever you so choose – 24 hours a day, 7 days a week, 365 days a year.