Dragonchain (DRGN) Achieves Market Capitalization of $14.80 Million

Dragonchain (DRGN) traded 7.4% lower against the US dollar during the twenty-four hour period ending at 11:00 AM Eastern on January 9th. Dragonchain has a total market cap of $14.80 million and approximately $44,692.13 worth of Dragonchain was traded on exchanges in the last day. One Dragonchain token can now be bought for approximately $0.0399 or 0.00000042 BTC on exchanges. In the last week, Dragonchain has traded 16.3% lower against the US dollar.

Here’s how similar cryptocurrencies have performed in the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded down 1.4% against the dollar and now trades at $93,713.39 or 0.99222627 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 1.8% against the dollar and now trades at $92,933.89 or 0.98397298 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Dragonchain Profile

Dragonchain launched on December 1st, 2017. Dragonchain’s total supply is 433,494,437 tokens and its circulating supply is 370,772,651 tokens. Dragonchain’s official website is dragonchain.com. Dragonchain’s official Twitter account is @dragonchain and its Facebook page is accessible here. The Reddit community for Dragonchain is /r/drgn and the currency’s Github account can be viewed 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 purchase alternative cryptocurrencies such as Dragonchain directly using U.S. dollars. Investors seeking to acquire Dragonchain should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Dragonchain using one of the aforementioned exchanges.

DRGN/USD price chart by TradingView