Dragonchain (DRGN) Price Tops $0.0455

Dragonchain (DRGN) traded 1% lower against the dollar during the 1-day period ending at 11:00 AM ET on March 14th. Dragonchain has a market capitalization of $16.85 million and $1,123.03 worth of Dragonchain was traded on exchanges in the last day. One Dragonchain token can now be purchased for about $0.0455 or 0.00000054 BTC on major cryptocurrency exchanges. In the last seven days, Dragonchain has traded 13.2% lower against the dollar.

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

• Taiko (TAIKO) traded down 1% against the dollar and now trades at $0.64 or 0.00000756 BTC.
• 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 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 up 4.6% against the dollar and now trades at $84,823.63 or 1.00024571 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 3.2% higher against the dollar and now trades at $83,675.14 or 0.98670254 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Dragonchain Token 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. 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 currently possible to buy alternative cryptocurrencies such as Dragonchain directly using US dollars. Investors seeking to acquire Dragonchain should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, 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