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TürkçeDora Factory Information
Dora Factory is gaining attention as a versatile infrastructure platform designed to empower decentralized applications and facilitate seamless interaction within the blockchain ecosystem. By providing tools for governance and project management, it enables developers to create innovative solutions while fostering community engagement. As the demand for decentralized services increases, Dora Factory positions itself as a crucial player in the evolution of Web3 technologies.
Exploring Dora Factory: A Comprehensive Overview
Dora Factory (DORA) has emerged as a noteworthy entity in the cryptocurrency ecosystem, positioning itself as an innovative platform aiming to enhance decentralized application (dApp) development. With a steadfast focus on building a robust infrastructure for dApps, Dora Factory stands out in a crowded market. In this article, we will delve into the historical performance, potential advantages and disadvantages, and future prospects of Dora Factory.
Historical Performance and Price Trends
Dora Factory experienced a significant increase in its market visibility following its all-time low (ATL) of approximately $0.0139 on October 9, 2023. Since then, the coin's value skyrocketed to an all-time high (ATH) of $0.2604 on November 13, 2024. This meteoric rise reflects a staggering increase of about 1314.78%, demonstrating robust interest and investment in the project. Moreover, the coin's current price is around $0.1989, indicating it has recently undergone substantial volatility, particularly with a remarkable 334.1% price change in just 24 hours.
Advantages of Dora Factory
One of the primary advantages of Dora Factory is its commitment to fostering a decentralized ecosystem. The platform enables developers to create office-like environments for dApps, facilitating seamless integration and collaboration. This unique approach not only enhances user experience but also promotes greater innovation within the blockchain space.
Additionally, Dora Factory boasts a solid market capitalization of approximately $192.43 million, illustrating a healthy interest among investors. The circulating and total supply is capped at 1 billion coins, which can contribute to scarcity and potentially increase value over time.
Challenges Faced by Dora Factory
Despite several advantages, Dora Factory is not without its challenges. The cryptocurrency market is notoriously volatile, and price fluctuations can be unpredictable. The recent price drop of approximately 24.51% from its ATH may indicate profit-taking among investors, reflecting the inherent risks associated with crypto investments.
Moreover, the competitive landscape of blockchain and dApp development platforms is expanding. Dora Factory will need to continually innovate and adapt to maintain its market position and attract developers to its ecosystem. Its ability to stand out among competitors will be critical for long-term sustainability.
Future Prospects
Looking ahead, the future of Dora Factory seems promising, provided it can capitalize on the growing trend toward decentralization in technology. As businesses increasingly seek to harness the power of blockchain for operational efficiency, platforms like Dora Factory are well-positioned to meet this demand.
Furthermore, continued developments in dApp functionality and user-friendly interfaces could enhance developer interest and adoption. If the team behind Dora Factory remains focused on improvements and community engagement, the project may well unlock significant value in the coming years.
Conclusion
In summary, Dora Factory has displayed impressive growth since its inception, transitioning from an ATL to an ATH in a relatively short timeframe. While it faces challenges typical of the cryptocurrency sector, its innovative approach to dApp development combined with a strong community can drive its progress. As always, potential investors should conduct thorough research and consider their risk tolerance before diving into the world of cryptocurrencies.
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General Information |
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Title
Dora Factory
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Symbol
dora
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Whitepaper
-
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Website
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Community
-
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Last Updated
2024-11-17 23:59
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Price Data |
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Current Price $
0.108492
$
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High 24h
0.120313
$
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Low 24h
0.105118
$
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Price Change 24h
-0.0065505336402293
$
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Price Change % 24h
-5.69402
%
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Market Data |
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Market Cap
107926357
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Total Volume
2032672
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Market Cap Change 24h
-7072752.7624435
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Market Cap Change % 24h
-6.15027
%
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Return on Investment (ROI)
-
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Supply and Availability |
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Circulating Supply
1000000000
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Total Supply
1000000000
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Max Supply
1000000000
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Historical Data |
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All Time High (ATH)
0.298518
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ATH Change %
-63.52997
%
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ATH Date
2024-11-14 03:16
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All Time Low (ATL)
0.01389692
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ATL Change %
683.40955
%
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ATL Date
2023-10-09 13:26
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