Log in/ Sign up

About TOTEM

DragonMaster is a blockchain-based Play-to-Earn game that blends RTS, MOBA, and Collection gameplays.The game has officially launched on March 21, 2022, developed by Magic Hat, which is a technology-focused gaming studio founded in early 2021, aiming to enable players all around the world to profit from happiness.The total supply of TOTEM is unlimited, the only ways to get it are by playing games and completing quests. Players will automatically match similar ranking opponents for real-time PVP battles, and the winner of the battle receives TOTEM rewards.TOTEM could be used for Dragon breeding, durability restoration, and staking for DMT rewards.

DragonMaster (TOTEM) is a cryptocurrency launched in 2022. TOTEM has a current supply of 0 with 0 in circulation. The last known price of TOTEM is 0.001209659985 USD and is -0.000033090855 over the last 24 hours. It is currently trading on active market(s) with $650.33 traded over the last 24 hours. More information can be found at https://www.dragonmaster.co/.

Official Website

Social Media

TOTEM Price Statistics
TOTEM’s Price Today
24h Price Change
-$0.0000330908552.66%
24h Volume
$650.33178.29%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#6900
TOTEM Market Cap
Market Cap
$0
Fully Diluted Market Cap
$1.21M
TOTEM Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
TOTEM Supply
Circulating Supply
0
Total Supply
0
Max Supply
1.00Bn
Updated Jun 24, 2024 4:09 am
image
TOTEM
DragonMaster
$0.001209659985
$0.000033090855(-2.66%)
Mkt Cap $0
There's nothing here for now
Curve Finance Founder's Large Token Holdings Lead to Market Panic
Curve Finance Founder's Large Token Holdings Lead to Market Panic
According to Bloomberg, in the cryptocurrency industry, it's typical for founders to accumulate substantial amounts of their project's native token as a stake in the business. This approach, while promoting transparency and offering a more liquid exit strategy, can sometimes lead to complications. For instance, when executives and venture-capital backers hold significant portions of a token, market liquidity can become scarce when they sell. This has led some to resort to unconventional methods to liquidate their holdings. A recent incident involving Curve Finance founder Michael Egorov serves as a prime example. Egorov's trading of nearly $96 million in stablecoin loans was backed by approximately $140 million of his CRV holdings as collateral. This collateral was spread across several DeFi platforms, including Curve's own LlamaLend. However, when the price of CRV plummeted following the hack of a small DeFi lender this month, the value of Egorov's collateral also fell, forcing his positions into liquidation. This forced selling resulted in millions of dollars in bad debt for Egorov and Curve, and triggered widespread market panic among CRV investors. The value of the coin briefly hit a record low following the liquidation. Egorov subsequently sold more CRV tokens in an over-the-counter deal to cover most of Curve's bad debt. In a statement, Egorov confirmed that he personally repaid most of the bad debt and was committed to ensuring that all users could withdraw their deposits without any issues. This incident highlights the challenges faced by crypto founders and early backers when they attempt to realize the value of their holdings. The market's volatility and immaturity often mean that holdings are too dense for buyers to handle when sold in large quantities. This experimental nature of crypto markets allows for such situations, giving buyers, sellers, and builders the freedom to test the boundaries of finance without traditional rules.
Jun 24, 2024 3:33 am

Frequently Asked Questions

  • What is the all-time high price of DragonMaster (TOTEM)?

    The all-time high of TOTEM was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of DragonMaster (TOTEM) is 0. The current price of TOTEM is down 0% from its all-time high.

    Read More
  • How much DragonMaster (TOTEM) is there in circulation?

    As of , there is currently 0 TOTEM in circulation. TOTEM has a maximum supply of 1.00Bn.

    Read More
  • What is the market cap of DragonMaster (TOTEM)?

    The current market cap of TOTEM is 0. It is calculated by multiplying the current supply of TOTEM by its real-time market price of 0.001209659985.

    Read More
  • What is the all-time low price of DragonMaster (TOTEM)?

    The all-time low of TOTEM was 0 , from which the coin is now up 0%. The all-time low price of DragonMaster (TOTEM) is 0. The current price of TOTEM is up 0% from its all-time low.

    Read More
  • Is DragonMaster (TOTEM) a good investment?

    DragonMaster (TOTEM) has a market capitalization of $0 and is ranked #6900 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze DragonMaster (TOTEM) price trends and patterns to find the best time to purchase TOTEM.

    Read More