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Dragonchain

DRGN

Rank #967
$ 0.05846
-10.81%
24H Low$0.05724
24H High$0.06564
24H Volume
184.49K
All-Time High(ATH)
$5.46
All-Time Low(ATL)
$0.005151
Market Cap
21.55M
Fully Diluted Valuation
25.35M
Market Cap/FDV
0.8502
Circulating Supply
368.54M DRGN
Total Supply
433.49M DRGN
Max Supply
Market Sentiment
--
* Data from 3rd parties

Dragonchain (DRGN) Price Trends

Time period
Change amount
% Change
1H
$ 0.00004187
0.072%
24H
$ -0.006321
-10.81%
7D
$ 0.006915
11.83%
14D
$ -0.006403
-10.95%
30D
$ 0.1305
223.15%
1Y
$ 0.1881
321.69%

Live Dragonchain (DRGN) Price Update

Dragonchain price today is $0.05846 with a 24-hour trading volume of 184.49K, and as such Dragonchain has a market cap of 21.55M, giving it a market dominance of 0%. The Dragonchain price moved -10.81% 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 368.54M DRGN. In terms of market cap, Dragonchain is currently ranked 967.

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.

Date
Market Cap
Volume
Open
Close
2024-02-25
$275.81K$27.32M$0.07422N/A
2024-02-24
$376.9K$31.36M$0.08305$0.07422
2024-02-23
$138.01K$20.5M$0.05567$0.08305
2024-02-22
$168.79K$23.54M$0.06387$0.05567
2024-02-21
$103.39K$23.4M$0.06350$0.06387
2024-02-20
$59.76K$24.57M$0.06667$0.06350
2024-02-19
$164.71K$26.18M$0.07095$0.06667
2024-02-18
$221.33K$27.24M$0.07377$0.07095