Dragonchain Reaches Market Cap of $4.31 Million (DRGN)

Dragonchain (DRGN) traded down 4.1% against the US dollar during the 1-day period ending at 12:00 PM ET on November 29th. Dragonchain has a total market capitalization of $4.31 million and $83.22 thousand worth of Dragonchain was traded on exchanges in the last 24 hours. Over the last week, Dragonchain has traded down 16.9% against the US dollar. One Dragonchain token can now be purchased for about $0.0116 or 0.00000013 BTC on major cryptocurrency exchanges.

Here is how other cryptocurrencies have performed over 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 down 2.2% 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 0.9% lower against the dollar and now trades at $90,816.17 or 1.00104442 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 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. The Reddit community for Dragonchain is /r/drgn and the currency’s Github account can be viewed here. Dragonchain’s official website is dragonchain.com. 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.”

Buying and Selling Dragonchain

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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Dragonchain using one of the exchanges listed above.

DRGN/USD price chart by TradingView