Get in here to check top possible Dragonchain Price Prediction and forecast based on the previous forecast done by the various trading sites. Willing to invest in cryptocurrencies but don’t know where to invest? Well, you are in the right place. Here we upload articles about various crypto coins whether to invest in it or not. Many of our readers have asked us to suggest about Dragonchain coin whether it is a good deal or not. So looking into the matter here we are to disclose all about Dragonchain Price Prediction and few other details too.
Dragonchain – About
With a good vision and mission, Dragonchain is formed as a Disney Private Blockchain Platform in 2015 and 2016 in Seattle Office of Disney. The coin has lots of plans to address several unserved fields that will be disrupted via Blockchain technology.
Here are few areas where the Dragonchain Coin will have exponential growth:
- Serverless system and smart contracts
- Established language support for smart contracts (Java, Python, Node, C#, Go, etc.)
- Scalable – Amazon AWS and Google deployments
- Secure – Protection of business data and operations
- Advanced currency implementations
- Smart contract libraries
- Currency Agnostic
There are certain benefits too are as follows:
* Lower development cost utilizing existing development languages
- Faster speed to market
- Significantly higher levels of security
- Higher scalability
Some basic information about Dragonchain Coin
|All-time high:||$5.12 USD|
|Market Capital:||$110,662,828 USD|
|Launched on:||3rd December 2017|
|Circulating Supply:||238,421,940 DRGN|
|Total Supply:||433,494,437 DRGN|
|Mining Status:||Non Minable coin|
Dragonchain Coin – Past Performance
Dragonchain coin which is also known as DRGN has a very mixed review as the performance is very disappointing.
When launched on 3rd December 2017 the coin was just valued at 0.26 USD. But within 12-13 days the coin was valued at $1.17 USD which means that grew almost 5 times and then it when up. In the very short tenure of 1 month, the coin reached its all-time high at $5.12 USD.
But DRGN coin cannot maintain its growth and stagnancy and showed a negative graph. The is constantly been losing its value in the market and there are lots of critics for the same.
Dragonchain coin Present
Not in just past but also in present state the coin is valued at $0.43 USD and in last 1 month the coin as lost more than half of its value. In the 1st week of May 2018, the coin was priced a little more than $1 USD.
Not only these are the concerns but also the volume chart and market cap chart also shows lots of trouble for Disney’s Dragonchain coin.
Here to say about the positive side and negative side about Dragonchain coin is very important and necessary for the investors to decide the Dragonchain Price Prediction and the future altogether. All your investment decisions will be clear reading this article.
- The coin is very dedicated
- It has a clear roadmap and they have achieved the targets till now they have promised
- Lots of benefits are mentioned above in the article
- There are evenly the strengths and potential mentioned in the start of the article.
Negative points of Dragonchain
The coin has lots to give but has failed in giving the actual value it requires in the market. They are
- The coin is not able to maintain its position and graph
- DRGN has only one showed a good growth but it didn’t keep growing
- The graphs of past quarter are very disappointing and lots of traders have to bear a loss.
- The coin is new and has not faced any troubles in the market.
As we can see there are many loopholes in the Dragonchain coin and somehow it fails to address the audience which ultimately is the end users. So I think the team of Dragonchain must have a strong effort to curb this. This will also give a good result and the Dragonchain Price Predictions will again go high.
Here are few websites that have shared their reviews and Dragonchain Price Predictions for upcoming years on their websites which I feel we should have a look at.
Presently the coin is ranked at the 98th position even lower compared to a few days back, Walletinvestor.com says that the coin in 1 year will be left to $0.00 USD from its current $0.43 USD. That means the coin will be at nowhere in the market. Coinchechup.com also shows that the coin has lost more than 7% in 24 hours and 9.13% in a week. However the website has not given the precise figure but the same is said indirectly, “it will lose its value”.
Not only this but the Dragonchain coin Community on Reddit also have seen the same trend where investors and traders are now red-faced and disappointed with the Dragonchain coin.
What are my Dragonchain Price Predictions for the forthcoming months?
I have deep concerns for the investors who are willing to invest or who already have invested in it. But Dragonchain coin on a whole have failed to grab the attention of the end users and so they feel it not value to money. Hence I would not suggest my readers and investors hold onto the Dragonchain coin. It is a bad investment and you may have to face a big trouble.
It may happen in short term the coin may rise a little or can even cross $2 USD mark but there are no chances of it to sustain. Hence I don’t advise you, people, to have a hand in Dragonchain coin.
I hope I am able to address your queries and doubts and have answered your questions. Stay tuned to us and we will share more investing tips here on our website.