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View ChartDROP is a cryptocurrency listed under the ticker DROP and identified by CoinMarketCap ID 34186. DROP is a meme coin issued on the XRP Ledger (XRPL). Its name comes from the smallest unit of XRP — 0.000001 XRP is called a drop, and one XRP equals 1,000,000 drops. DROP launched on 16 October 2024 and was listed on CoinMarketCap on 24 November 2024. It is classified within the broader cryptocurrency category, meaning it belongs to the universe of digital assets tracked by market-data aggregators for price, market capitalisation and trading-volume monitoring. What can be stated is that DROP is a digital asset whose value, like that of other cryptocurrencies, is shaped by market supply and demand rather than by any government or central bank. Investors should treat DROP as an early-stage asset and conduct independent verification before engaging with it.
Max Supply: 1,000,000 DROP. Total Supply: 989,056 DROP. Circulating Supply: 0 per the CoinMarketCap static registry; 989.05K DROP self-reported (98.905579% of max supply).
The creators, founders or development team behind DROP are not identified in the available materials. There is no publicly listed founding entity, no named core contributor, and no disclosed corporate or foundation structure associated with the project. This absence of identifiable leadership is common among very small or newly listed tokens, but it also means prospective holders cannot assess the track record, credibility or accountability of the people behind the asset. For any investor, the anonymity or non-disclosure of a project team is a material risk factor that should be weighed carefully. Until verifiable team information emerges, DROP should be approached with heightened caution and treated as a speculative, information-scarce asset rather than an established project with a transparent governance structure.
DROP is an issued token on the XRP Ledger, a decentralised ledger whose consensus is maintained by independent validators rather than mining. Tokens are held in XRPL trust lines and traded on the XRPL native DEX and in liquidity pools, which the project names as the centre of its ecosystem. The project also describes an expanding GameFi world in which players earn DROP through gameplay.
According to the project's own description, DROP positions itself as a community and culture-driven token — "an identity, a movement, a gateway to everything XRPL has to offer" — with content, collectibles and an expanding GameFi world as its named product channels, and with XRPL liquidity pools as a core focus. These are the project's own claims and have not been independently verified. Its presence in market-tracking databases indicates only that it is a recognised ticker, not that it offers distinctive utility. In the absence of disclosed tokenomics, roadmap, partnerships or ecosystem activity, any claim of uniqueness would be speculative. Investors should therefore treat DROP as a generic, low-information asset and recognise that its perceived value rests entirely on market sentiment rather than on documented fundamentals or innovation.
According to the project, DROP is used within its GameFi world, where players earn drop through gameplay; it is positioned within XRPL liquidity-pool culture; and it is framed as a gateway asset for onboarding users to the XRPL DEX. No independent documentation of these uses is available.
DROP launched on 16 October 2024 and was listed on CoinMarketCap on 24 November 2024. It trades on 2 active markets and maintains a Telegram channel (t.me/DropXRPL) and an X account (@drop_xrp). No roadmap, partnership or audit documentation is available in the reviewed materials. The project's official website is xrp-drop.com, with a Telegram channel at t.me/DropXRPL and an X account at @drop_xrp.
DROP is not mined. It is an issued token on the XRP Ledger, so there is no Proof of Work mining and no Proof of Stake staking reward. Holders acquire DROP by buying it on the XRPL DEX or on the exchanges where it trades, and the project states that players can earn DROP through gameplay in its GameFi world.
Securing any cryptocurrency, including DROP, begins with disciplined wallet hygiene. Use a hardware wallet for significant holdings, keep seed phrases offline and never share them, and enable two-factor authentication on any account tied to your assets. Be especially cautious of phishing attempts: in June 2025, CoinMarketCap and CoinTelegraph were compromised to serve pop-ups that drained wallets of users who connected them, as reported by Help Net Security. This illustrates that even trusted platforms can be leveraged in supply-chain attacks, so always verify URLs, avoid clicking unsolicited wallet-connection prompts, and treat any request to sign a transaction as potentially malicious. Before buying DROP, verify the contract address (XRPL): 44524F5000000000000000000000000000000000.rszenFJoDdiGjyezQc8pME9KWDQH43Tswh on xrpscan.com, and remember that no legitimate service will ever ask for your private key or seed phrase.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for DROP are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of DROP (DROP) is A$4.187983. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated DROP to USD rate at the top of BTCC’s price page. In terms of market scope, DROP records a 24h trading volume of A$237.107217 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of A$4.365812M. Its current circulating supply stands at -- out of a maximum supply cap of 1M.
The price volatility of DROP (DROP) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Reserve Bank of Australia (RBA) or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (--) to max supply (1M), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, DROP (DROP) hit an all-time high (ATH) of A$43.190582 on 2024-12-02 16:30, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at A$2.044216 on 2026-02-05 22:25. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading DROP futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (A$237.107217), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s DROPUSDT perpetual contracts support two-way trading. If you anticipate a price decline for DROP, simply log into your BTCC account with USDT margin available, navigate to the DROPUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for DROPUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: A$4.187983), you can practise opening/closing positions, adjusting leverage, and setting TP/SL for DROPUSDT with zero financial risk.
Trading DROP (DROP) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for DROPUSDT, and review its live price (A$4.187983) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.