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What is Dragonchain (DRGN)?

Dragonchain basic info

Name:Dragonchain

Ticker:

DRGNBuy now

Introduction:

Cryptocurrency Dragonchain is a blockchain platform that was created with the aim of providing businesses with a secure and scalable solution for their digital operations. Developed by the team at Disney in 2014, Dragonchain was later released as an open-source project in 2016. One of the key features of Dragonchain is its interoperability, allowing businesses to integrate their existing systems and applications seamlessly. This enables them to leverage the benefits of blockchain technology without the need for significant changes to their infrastructure. Dragonchain also prioritizes data privacy and security. It offers a hybrid architecture, which means that sensitive business data can be kept private within the network while still benefiting from the transparency and immutability of the blockchain. Another important aspect of Dragonchain is its consensus model, which utilizes a patented algorithm known as "Dragon Net." This algorithm ensures high levels of security and transaction speed, making it suitable for a wide range of applications, including supply chain management, identity verification, and decentralized applications (DApps). Furthermore, Dragonchain stands out for its flexibility. It supports smart contracts written in multiple programming languages, offering developers the convenience of choice and compatibility. In terms of its native cryptocurrency, Dragonchain introduced the Dragon token (DRGN). DRGN can be used as a utility token within the Dragonchain ecosystem, powering services and transactions on the platform. It also serves as a governance token, allowing token holders to actively participate in the decision-making process for future developments of the platform. Overall, Dragonchain is a significant player in the cryptocurrency space, providing businesses with a secure, scalable, and flexible blockchain solution. With its emphasis on interoperability and data privacy, it enables organizations to harness the benefits of blockchain technology while meeting their specific needs.

Current price:

$0.06793More price details

All-time high:$5.27

All-time low:$0.004604

DRGN supply and tokenomics

Circulating supply:370,772,640 DRGN

Total supply:433,494,437 DRGN

Max supply:433,494,437 DRGN

Market cap:$25.19M

Fully diluted market cap:$29.45M

Links

Website:https://dragonchain.com/

Whitepaper:https://dragonchain.com/Dragonchain-Architecture.pdf

X:https://twitter.com/dragonchain

GitHub:https://github.com/dragonchain/dragonchain

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What is the development prospect and future value of DRGN?

The market value of DRGN currently stands at $25.19M, and its market ranking is #874. The value of DRGN is not widely recognized by the market. When the bull market comes, the market value of DRGN may have great growth potential.

As a new type of currency with innovative technology and unique use cases, DRGN has broad market potential and significant room for development. The distinctiveness and appeal of DRGN may attract the interest of specific groups, thereby driving up its market value.

What will the price of DRGN be in 2025?

Based on DRGN's historical price performance prediction model, the price of DRGN is projected to reach $0.06934 in 2025.

What will the price of DRGN be in 2030?

In 2030, the DRGN price is expected to change by -18.00%. By the end of 2030, the DRGN price is projected to reach $0.1085, with a cumulative ROI of +52.42%.

Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of DRGN and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

DRGN price DRGN price prediction DRGN news

Is DRGN worth investing or holding? How to buy DRGN from a crypto exchange?

If you want to buy DRGN, the following information may be helpful for your investment decisions:

In the last 7 days, the price of DRGN has fallen by -6.32%, leading to negative returns for most DRGN investors. The market is currently pessimistic about the price trend of DRGN.

It is important to note that the current price of DRGN has retreated by -98.71% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.

Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.

To decide whether DRGN is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.

Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in DRGN or any cryptocurrency comes with certain risks and uncertainties.

Regardless of your outlook on the development prospects and future trends of DRGN, if you want to buy or sell DRGN, you can consider Bitget for your trading needs. The best place to buy DRGN is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.

Investing in Dragonchain has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Dragonchain. Here's a step-by-step guide on how to buy Dragonchain on Bitget.

Buy DRGN now Coin buying guide

How to get Dragonchain through other methods？

Using cash to buy Dragonchain is not the only way to obtain Dragonchain. If you have the time to spare, you can get Dragonchain for free.

Learn how to earn Dragonchain for free through the Learn2Earn promotion.

Earn free Dragonchain by inviting friends to join Bitget's Assist2Earn promotion.

Receive free Dragonchain airdrops by joining ongoing challenges and promotions.

All crypto airdrops and rewards can be converted to Dragonchain through Bitget Convert, Bitget Swap, or spot trading.

What is Dragonchain used for and how to use Dragonchain?

The use case of Dragonchain may expand as the crypto market and the project itself develop. Currently, you can use DRGN to achieve the following goals:

Arbitrage by trading DRGN: Since DRGN is a frequently traded cryptocurrency, the price of DRGN is always fluctuating. Earn more DRGN by buying low and selling high on the exchange. Bitget spot market provides a variety of DRGN trading pairs to fully meet your needs.

Earn by staking DRGN: You can also generate income through financial management methods such as staking DRGN or lending DRGN. Bitget Earn offers a variety of financial products designed to help you earn more income from your DRGN.

Send or pay DRGN: If you want to give DRGN to your friends, a charity, or a fundraiser, or you want to pay someone with DRGN, you can quickly and easily send DRGN to the recipient through their payment address.

You can also go to the official website of the Dragonchain project to learn more about the use cases of DRGN. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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