Dragonchain Reaches Market Cap of $3.60 Million (DRGN)

Dragonchain (DRGN) traded 5.2% lower against the dollar during the 1 day period ending at 23:00 PM Eastern on August 5th. Dragonchain has a total market cap of $3.60 million and approximately $13,614.99 worth of Dragonchain was traded on exchanges in the last day. In the last seven days, Dragonchain has traded down 28.9% against the dollar. One Dragonchain token can now be bought for about $0.0097 or 0.00000017 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed in the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 0.3% against the dollar and now trades at $0.0119 or 0.00000021 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 18.6% against the dollar and now trades at $0.0627 or 0.00000114 BTC.

Dragonchain Token Profile

Dragonchain’s launch date was December 1st, 2017. Dragonchain’s total supply is 433,494,437 tokens and its circulating supply is 370,772,651 tokens. The official website for Dragonchain is dragonchain.com. The Reddit community for Dragonchain is /r/drgn and the currency’s Github account can be viewed here. Dragonchain’s official Twitter account is @dragonchain and its Facebook page is accessible here.

According to CryptoCompare, “Dragonchain, born at Disney in 2014, is a hybrid blockchain integrating private and public operations, enhancing data security, and leveraging networks like Bitcoin for transaction integrity. Its innovative Dragon Net system decentralizes transaction validations, boosting security, while rewarding participants with Dragons, thus underscoring the importance of its cryptocurrency, DRGN. Dragonchain simplifies blockchain engagement and protects data privacy, uniquely separating business data from blockchain proof. Its cutting-edge Interchain technology facilitates secure, diverse transactions across multiple blockchains, extending its reach to conventional sectors. The platform introduces a stringent five-level consensus model for transaction verifications, providing an added security layer. Dragonchain Foundation, a non-profit, steers its development, headed by Joe Roets, a prominent figure in blockchain innovation.”

Dragonchain Token Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Dragonchain directly using U.S. dollars. Investors seeking to trade Dragonchain should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Dragonchain using one of the aforementioned exchanges.

DRGN/USD price chart by TradingView