Dragonchain (DRGN) Market Capitalization Reaches $3.35 Million

Dragonchain (DRGN) traded 3.6% higher against the U.S. dollar during the one day period ending at 12:00 PM ET on December 27th. Dragonchain has a total market capitalization of $3.35 million and approximately $103.07 thousand worth of Dragonchain was traded on exchanges in the last 24 hours. In the last week, Dragonchain has traded down 0.9% against the U.S. dollar. One Dragonchain token can currently be purchased for approximately $0.0090 or 0.00000010 BTC on exchanges.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• 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 2.2% lower 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 (SOLVBTC) traded up 0.5% against the dollar and now trades at $87,404.58 or 0.99911111 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.2% lower against the dollar and now trades at $87,253.30 or 0.99680859 BTC.
• Lumi Credits (LUMI) traded up 8.9% 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 genesis 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. 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 was originally developed at Disney’s Seattle office in 2015 and 2016 as the Disney Private Blockchain Platform. Over 20 use cases and applications were explored and documented 1 publicly via the W3C Blockchain Community Group . The platform was later released as open 2 source software under the Apache 2 license in October of 2016. Dragonchain simplifies the integration of real business applications onto a blockchain and provides features such as easy integration, protection of business data and operations, currency agnosticism, and multi-currency support.The Dragonchain Foundation, a Non-Profit Corporation was created in January of 2017 to maintain ownership and responsibility of the open source code. The Dragonchain team is now in the process of launching a commercial entity to build a serverless architecture blockchain platform, and an incubator. The combination of serverless and blockchain technologies is unique and tremendously valuable. The timing of the Dragonchain platform launch is highly strategic to benefit from explosive growth of cloud computing over the last few years and the emerging wave of Blockchain solutions entering proof of concept stage across enterprises.”

Dragonchain Token Trading

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

DRGN/USD price chart by TradingView