Dragonchain (DRGN) Achieves Market Capitalization of $3.88 Million

Dragonchain (DRGN) traded down 8.7% against the U.S. dollar during the twenty-four hour period ending at 14:00 PM Eastern on January 12th. Dragonchain has a market cap of $3.88 million and $8.60 thousand worth of Dragonchain was traded on exchanges in the last 24 hours. One Dragonchain token can currently be purchased for $0.0105 or 0.00000011 BTC on popular cryptocurrency exchanges. During the last week, Dragonchain has traded down 6% against the U.S. dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• 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 2.2% lower 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.
• Hokkaidu Inu (HOKK) traded 1.2% higher 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.
• SolvBTC.BBN (SOLVBTC.BB) traded up 1.2% against the dollar and now trades at $91,645.57 or 0.99809866 BTC.
• SolvBTC (SOLVBTC) traded up 0.4% against the dollar and now trades at $91,067.58 or 0.99154977 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 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 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. 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 possible to purchase alternative cryptocurrencies such as Dragonchain directly using U.S. dollars. Investors seeking to trade Dragonchain should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase 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