Dragonchain (DRGN) Price Up 10.6% This Week

Dragonchain (DRGN) traded 20.6% higher against the U.S. dollar during the twenty-four hour period ending at 23:00 PM E.T. on May 17th. One Dragonchain coin can now be bought for $0.0291 or 0.00000097 BTC on major exchanges. Dragonchain has a market cap of $10.79 million and $107,712.00 worth of Dragonchain was traded on exchanges in the last 24 hours. During the last seven days, Dragonchain has traded up 10.6% against the U.S. dollar.

Here is how similar cryptocurrencies have performed during the last 24 hours:

  • BITCOIN ADDITIONAL (BTCA) traded 0.5% lower against the dollar and now trades at $29,961.95 or 0.99915407 BTC.
  • Binance USD (BUSD) traded 0.2% lower against the dollar and now trades at $1.00 or 0.00003333 BTC.
  • Crypto.com Coin (CRO) traded up 5% against the dollar and now trades at $0.41 or 0.00001075 BTC.
  • Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • DREP (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • Dai (DAI) traded down 0% against the dollar and now trades at $1.00 or 0.00003335 BTC.
  • Polygon (MATIC) traded 1.9% higher against the dollar and now trades at $0.71 or 0.00002367 BTC.
  • THETA (THETA) traded flat against the dollar and now trades at $5.25 or 0.00010640 BTC.
  • FTX Token (FTT) traded down 1.9% against the dollar and now trades at $31.44 or 0.00104829 BTC.

Dragonchain Coin Profile

Dragonchain is a coin. It launched on December 1st, 2017. Dragonchain’s total supply is 433,494,437 coins and its circulating supply is 370,774,090 coins. The Reddit community for Dragonchain is /r/drgn and the currency’s Github account can be viewed here. The official website for Dragonchain is dragonchain.com. Dragonchain’s official Twitter account is @dragonchaingang 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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Dragonchain using one of the aforementioned exchanges.

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