Dragonchain
Last modified on 11. October 2020
Quick Facts
The user known as dracogang announced the launch of Dragonchain on 17 August 2017 via bitcointalk.org. coinmarketcap.com subsequently launched the logging of real-time trading data in January 2018.
Quarterly Averages
This section presents the quarterly averages (trimester) for trading volume, market capitalization and trading price for 2017, 2018, 2019 and 2020.
Trading Volume & Market Capitalization
For example, the average trading volume of Dragonchain during the first trimester of 2019 equated to just above US$ 745 k per day. Over the same time frame in 2018, this figure came to nearly US$ 4.5 m. The corresponding drop down in trading volume was 83.4 percent.
For the first trimester of 2019, the average market capitalization equated to nearly US$ 20.5 m. This figure came to nearly US$ 460 m during the same time frame in 2018. The corresponding drop down in market capitalization was 95.6 percent.
Trading Price
In the first trimester of 2019, the average trading price equated to US$ 0.091836. This figure came to just under US$ 2.11 during the same time frame of 2018. The price dropped accordingly by 95.6 percent.
The all-time high of Dragonchain in 2018
The Dragonchain currency climbed to a peak in January 2018 at US$ 5.27. The equivalent market capitalization of the token reached over US$ 1.2 billion. This put Dragonchain around certain other digital currencies, such as Dogecoin, KuCoin Shares, Status, Tether and Steem, among others.
Dragonchains all-time high compared to Bitcoin and the most renowned companies worldwide
Bitcoin, by far the largest cryptocurrency at the time, had a market capitalization of US$ 245 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 887 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 109 billion.
- Dragonchain (DRGN): 1.2 bn US dollars
- Bitcoin (BTC): 245 bn US dollars
- Apple (AAPL): 887 bn US dollars
- VW (VWAGY): 109 bn US dollars
- Date: 9 January 2018
March 2019: an interesting date following the big cryptocurrency crash
On 1 March 2019, the price of Dragonchain stood at US$ 0.089178 with a market capitalization of over US$ 20.3 million. This is a decline down to approximately 1.7 percent compared with the highest trading price described above.
Around that time, Ethereum dropped to about 9.7 and Bitcoin to approximately 19.5 percent of their all-time-high trading prices.
More Details
The Dragonchain-Token is not a native digital currency and is not created by mining. The maximum supply of tokens is approximately 433 million. If you are interested in the source code, be sure to also visit the GitHub page.
Dragonchain transactions currently in progress can be tracked using this block explorer, which also displays block height and other recently updated statistics.
To find out more about Dragonchain, download the white paper or find more links to community forums, source code and social media channels, visit dragonchain.com.
Markets
USD
A large market for buying or selling Dragonchain in USD is Bitfinex. One Additional trading platform for buying or selling Dragonchain in USD is Gate.io.
BTC
The trading platforms for buying or selling Dragonchain in BTC are VCC Exchange, KuCoin and Beaxy, among others.
Social Links
Take a look at the following social media channels to speak directly to the Dragonchain team:
1. This figure changes to 0.0148 percent when taking Bitcoin out of the equation.