DRAGONCHAIN - "AMERICA'S BLOCKCHAIN" LOOKS STRONGThis 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!
DRGNUSDT trade ideas
Dragonchain DRGNWhat is Dragonchain (DRGN) and How Big Could It Get?
Greetings, crypto enthusiasts! It’s your guy, Lord MEDZ, here to shine some light on a unique blockchain project—Dragonchain (DRGN). If you’re looking for a blockchain with real-world use cases and serious potential, this might just be it.
What is Dragonchain?
Dragonchain (DRGN) is a hybrid blockchain platform designed to meet the needs of businesses, enterprises, and developers. It was originally created by The Walt Disney Company in 2014 (yes, Disney was ahead of the game!) and open-sourced in 2016.
Dragonchain stands out because of its Interchain™ technology, which allows it to connect seamlessly with other blockchains like Bitcoin, Ethereum, and Binance Chain. It can also integrate with legacy systems, APIs, IoT devices, and more. Developers love it because it supports nearly every programming language, making it incredibly versatile for building decentralized applications.
Not just a tech showcase, Dragonchain is being used in real-world applications like supply chain management, decentralized identity (Dragon Factor), and even social media (Den). During the COVID-19 pandemic, Dragonchain solutions were used in a healthcare project for the City of Apopka.
What Price Does DRGN Need to Hit a $1 Billion Market Cap?
Currently, DRGN is priced at $0.07203 (as of now) with a market cap of $26.71 million. To reach a $1 billion market cap, the price would need to rise to about $2.70 per token.
How Big of a Move Is That?
From its current price, DRGN would need to jump by an incredible 3,647.6% to reach that $1 billion milestone. That’s more than 36x from where it is now! Ambitious? Yes. Impossible? Not in the world of crypto.
Final Thoughts from Lord MEDZ
Dragonchain is a unique project with a solid foundation and exciting use cases. While it’s still flying under the radar compared to some other blockchains, its potential to grow is massive. Hitting a $1 billion market cap might seem like a long shot, but in the fast-paced world of crypto, anything is possible.
As always, this isn’t financial advice. I, Lord MEDZ, proudly own DRGN tokens, so I’m definitely rooting for this project. That said, do your own research and invest only what you’re willing to lose. The crypto market can be unpredictable, but the rewards can be extraordinary.
Disclaimer: Lord MEDZ owns DRGN. This is NOT financial advice. Always invest responsibly and stay informed!