Dragonchain Price Prediction

$-0.0028 (-3.45%)

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Today's Forecasts

Dragonchain(DRGN) opened trading today at $0.08. It achieved a Market high of $0.08 and a subsequent Market low of $0.08, Representing a change of $-0.0028 and price percentage change of -3.45% . Its current Price is $0.08 representing a market share of 0.00% only.

A total volumn of $0 worth of Dragonchain traded hands today, achieving a Maximum Market Cap of $34,538,196 for the day.

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The Bull Case 🐃 for Dragonchain
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 $0.08.

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Price Predictions for Today, This Week and This Month 🚀

Critical Fundamental Analysis of Dragonchain

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.

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DRGN Trading Stats for Today - 2019-02-22 04:16:13 +00:00 GMT

Market share 0.00%
24h Open $0.08
24h Low $0.08
24h High $0.08
Current Supply 433,494,432 DRGN
Total Supply DRGN
Market cap $34,538,196
24h Volume (coin) 0 DRGN
24h Volume (currency) $0
Last updated 2019-02-22 04:16:13 +00:00 GMT

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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 might be 4x by end of 2019. This will depend however, on the larger crypto market 4xing as most coins whether good or not, mirror Bitcoins loses or gains. If in doubt about any coin, either BUY BTC, ETH or stay out of the market. For now!

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. 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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DRGN Live Prices Data
ID Market Type Price Quantity Total
Dragonchain Social Sentiments

Dragonchain Daily Price History

Date Price Volume