The DragonChain Looks Strong - America's Blockchain
This old school business enterprise start up platform token based on ETH, also known as "America's Blockchain", is showing to be rather resilient amongst the current market turmoil. There is a Low Max Supply of 433.49M tokens with a relatively High Circulating Supply of 370.77M tokens. Price action is currently trading within an upsloping parallel channel and coming into a few major Support levels. The trendlines are, so far, being respected and they are self explanatory. There is huge potential to the Upside, as the ATH was $5.46. I believe that DRGN will be relisted on major exchanges very soon. This token is tied to XRP and their legal woes, which are ready to be absolved because President Donald Trump has already made reference to XRP being secured for the USA crypto reserve. Attorney John Deaton represents XRP and DRGN. DragonChain has a strong case, because reportedly all the DRGN tokens that were purchased at the beginning, were purchased/swapped with both BTC and ETH, of which both have been deemed non securities, and also both are mentioned in USA crypto reserve. It is just a mater of time now. Keep a watch for big developments and announcements. Maybe even something will be mentioned at the US Crypto Summit? Super BULLISH on this project! Thank you for reading! I would like to hear any and all opinions, views, and conversations. Happy and safe trading to all!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.