Dragonchain Price PredictionsDragonchain(DRGN) opened trading today at $0.17. It achieved a Market high of $0.18 and a subsequent Market low of $0.17, Representing a change of $-0.0020 and price percentage change of -1.17% . Its current Price is $0.17 representing a market share of 0.03% only.
A total volumn of $0 worth of Dragonchain traded hands today, achieving a Maximum Mkt Cap of $73,979,496 for the day.
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Many people are looking to invest in digital assets (including Dragonchain) owing to the enormous return which they provide. Even the institutional investors are trying to invest in such assets. This is highly positive for Dragonchain as a platform. As the traction of the platform increases more and more, the price of the cryptocurrency would also go up. This is a huge positive for the platform in the future.
With the thrust on the digitization of assets increasing and the awareness of cryptocurrency assets also on the rise, Dragonchain has a lot of potential ahead. As long as the organisation is able to execute their strategy the price of the token would also keep on increasing. This will attract a lot of investors to this cryptocurrency.
Dragonchain is currently trading around $0.17. The forecast for the Dragonchain cryptocurrency by the end of year 2018 is around $0.18 x 4. This is because following the previous highs of the Crypto market, a 4x bullrun is expected for the cryptomarket in 2018 according to our Technoical analysis. A bullrun crypto market lifts all boats and is likely to produce good returns especially for strong coins. (Read our information below on Dragonchain to know its strength).
Furthermore, the five-year forecast for Dragonchain is around $0.18 x 10 at the minimum. Thus, even if you’re just looking to invest for a one-year period, you would be able to make a significant amount of return. On the other hand, even if you’re looking to invest for 5 years, the investment return which you can get from these levels is enormous.
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Detailed DRGN Price Predictions Videos:
Dragonchain Fundamental Analysis
Dragonchain FA Videos
Watch someone smart explain what Dragonchain is and the problem it aims to solve. This should help you make an informed decision to invest or not..
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.Visit website open_in_new
Dragonchain(DRGN) Daily Trading
|Current Supply||433,494,432 DRGN|
|24h Volume (coin)||0 DRGN|
|24h Volume (currency)||$0|
|Last updated||2018-08-19 22:31:07 +01:00 BST|
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Common DRGN Price Prediction Questions
What is Dragonchain’s potential future value?
DRGN's future value is strongly correlated to it's Fundamental Analysis. We made this easier by giving a short concise write-up here on what Dragonchain is and what it does. This is because Dragonchain's price will only rise and make you rich if it’s doing something special e.g. Ethereum which made it possible to create simple smart contracts on the Blockchain, minted the most number of Crypto millionaires. Now ask yourself - Can DRGN make you one?
What is going on with Dragonchain's price?
In order not to be too rattled, read our Fundamental analysis above on Dragonchain to know if it’s a good hodl.
How high will Dragonchain go?
No one really knows for sure. We however predict DRGN will be 4x by end of 2018.
Why is Dragonchain(DRGN) rising today?
On a day to day basic, we do not have that information. However, look above to see our Fundamental Analysis of Dragonchain to see its expected value. You can also visit Dragonchain's website here - Visit website.
A good reason for any intra-day pump is usually partnerships, implementations of a roadmap e.g. Mainnet launch or listing on a new exchange (mega-pump).The Dragonchain website page will quickly provide you with that value.
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Why is Dragonchain's price going down?
It’s difficult to tell right now as the daily DRGN candle hasn’t closed. Hopefully it closes above its 200EMA and signifies a reversal. However a quick way to know the reason for any sudden disruption in Dragonchain's price is to look at its social media feed to see if it released news that the market revolts at or it’s simply a red crypto day.
To view the Social sentiments for Dragonchain, Simple click the Social Button on this page, located immediately below the Price Charts.
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