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    DragonChain

    DRGN

    Rank #1152

    $0.05979

    +30.87%
    24H Low$0.04479
    $0.0646524H High
    24H Volume
    $179161
    All-Time High(ATH)
    $5.46
    All-Time Low(ATL)
    $0.005151
    Market Cap
    $23.85 M
    Fully Diluted Valuation
    $28.06 M
    Market Cap/FDV
    85.02%
    Circulating Supply
    368.54 M DRGN
    Total Supply
    433.49 M DRGN
    Max Supply
    Market Sentiment
    Positive
    * Data from 3rd parties

    DragonChain (DRGN) Price Trends

    Time period
    Change amount
    % Change
    1H
    $+0.004137
    +6.92%
    24H
    $+0.01846
    +30.87%
    7D
    $+0.01537
    +25.7%
    30D
    $-0.006762
    -11.31%
    1Y
    $+0.2201
    +368.1%

    Credibility Indicators

    74.76

    Reliability Score

    Rank #1

    # 1285

    Percentile

    TOP 10%

    Team Members

    Joe Roets

    Joe Roets

    Live DragonChain (DRGN) Price Update

    DragonChain price today is $0.05979 with a 24-hour trading volume of $179161, and as such DragonChain has a market cap of $23.85 M, giving it a market dominance of 0.00094%. The DragonChain price moved 30.87% in the last 24 hours.

    DragonChain reached its highest price on 2018-01-09 when it was trading at its all-time high of $5.46, while its lowest price was recorded on 2023-05-10 when it was trading at its all-time low of $0.005151. The current lowest price since the last cycle high was $0.005151, and the highest price since the last cycle low was $5.46. The social sentiment of DragonChain is currently Positive.

    The current circulating supply of DragonChain is $368.54 M DRGN. In terms of market cap, DragonChain is currently ranked 1152.

    About DragonChain (DRGN)

    Dragonchain is a commercial blockchain platform built for developers. Dragon chain integrates business service applications into the blockchain to protect business data and operations and support multiple currencies. DRGn represents the license to interact with the dragon chain business platform services, which can be used to pay for the products and services of the dragon chain business platform (for example, starting nodes, providing smart contracts, accessing incubator indicator boards, etc.) and support the Dragon Fund incubator project.

    FAQs

    1. What determines the price movement of DragonChain?

    There are two schools of thought in determining the price of DragonChain.
    By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of DragonChain, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of DragonChain from a long term perspective.
    By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of DragonChain on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for DragonChain as well.
    Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for DragonChain and the cryptocurrency market as a whole.

    DragonChain Tokenomics

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    DragonChain Analysis

    Date
    Market Cap
    Volume
    Open
    Close
    2024-03-19
    $22.25 M
    7340.9 DRGN
    $0.06037
    N/A
    2024-03-18
    $17.53 M
    105617.69 DRGN
    $0.04756
    $0.06037
    2024-03-17
    $15.6 M
    44506.16 DRGN
    $0.04233
    $0.04756
    2024-03-16
    $17.76 M
    18601.88 DRGN
    $0.04820
    $0.04233
    2024-03-15
    $16.64 M
    25957.76 DRGN
    $0.04514
    $0.04820
    2024-03-14
    $15.9 M
    51648.9 DRGN
    $0.04315
    $0.04514
    2024-03-13
    $18.35 M
    19661.07 DRGN
    $0.04979
    $0.04315
    2024-03-12
    $18.92 M
    19010.24 DRGN
    $0.05134
    $0.04979