Dragonchain DRGN

What DRGN actually is on-chain

Dragonchain is an ERC-20 deployed on Ethereum, at contract address 0x419c4db4b9e25d6db2ad9691ccb832c8d9fda05e. That address, not the ticker DRGN, is what uniquely identifies this asset: anyone can deploy a second token calling itself DRGN, but the contract is unforgeable. Verify it against etherscan.io before sending funds or approving a spend.

Because it lives on Ethereum, DRGN is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in DRGN itself, and secondary liquidity sits in Uniswap-style AMM pools. Two consequences follow for anyone setting alerts: you need ETH in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.

For DRGN the project publishes a whitepaper, a public source repository and an active account as @dragonchain. Both a written specification and readable code exist, which is a materially higher bar than most assets in this size range clear. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where DRGN sits in the market

Dragonchain sits at #1755, inside the lower small-cap band. Depth here is shallow enough that one large order walks the book several percent and the print mean-reverts within the same session — which is why a single fixed price level is a fragile trigger, and a condition that tolerates one wick is the more useful construction. Listings are concentrated across a small number of venues, so volume-driven delisting is an active risk here rather than a hypothetical one.

We are not currently receiving a live DRGN order book from any of the exchanges connected to this site, so no real-time quote is shown above. That is itself information: it usually means the pair is unlisted on the venues we track, or trading has been halted. DRGN is a Ethereum asset, so whatever turnover exists is most likely in Uniswap-style AMM pools rather than on a centralised book, and every fill there costs ETH in gas on top of the pool's own fee.

DRGN against its all-time high

Dragonchain's record high is $5.46, set on 2018-01-09. That high sits in a range where whole-cent and whole-unit levels are genuinely traded, which makes them usable as alert thresholds if a quote returns. It was set 9 years ago. A peak that old describes a supply structure and a holder base that have almost certainly turned over since. We are not quoting a drawdown from it because no tracked venue is giving us a live DRGN price — a stale or single-pool number would make that percentage look precise when it is not.

DRGN across its historical range

DRGN has traded across a 1,060x range, between $0.00515106 and $5.46. Any volatility figure quoted for this asset depends heavily on which part of that range it is measured over.

The record low of $0.00515106 was printed on 2023-05-10 — 3 years ago. We have no live quote to measure the current distance from it.

DRGN supply and valuation data

Supply figures for DRGN are self-reported at this rank rather than reconciled against the chain, so we publish the valuation we have and not a circulating-supply number we cannot check. What we do have is a fully diluted valuation of $4.9 million as of 2026-05-12. That is in the upper quartile of tracked assets by fully diluted value.

That valuation is a point-in-time snapshot, not a live figure, so we deliberately avoid dividing it back into a token count — the price has moved since, and the arithmetic would yield a precise-looking supply number that is simply wrong. Read the current supply from the project's own explorer before relying on any per-token valuation. The authoritative figure is the one etherscan.io reports for this contract.

What kind of asset DRGN is

Dragonchain trades primarily as an ecosystem asset rather than as a base-layer network of its own, which means it carries a beta to its host chain. When the host chain's native asset rallies, tokens in its ecosystem typically amplify the move in both directions, and liquidity for them is concentrated on that chain's venues.

CoinGecko files DRGN under 3 categories, including Ethereum Ecosystem, Alleged SEC Securities, Made in USA. CoinGecko also records deployments on Ethereum (3,072 tracked tokens), so its on-chain liquidity and its user base move with that network. Worth flagging from the metadata: DRGN has been named in SEC enforcement filings as an alleged security, and is tagged as US-originated.

How to set a Dragonchain alert that is worth receiving

Dragonchain is the ERC-20 at 0x419c…a05e on Ethereum — high dated 2018-01-09 — rank #1755. On this profile the condition that carries signal is a volume-surge condition on the 1-hour or 4-hour candle paired with a wide price threshold.

Full alert-design method: thresholds, RSI/MACD and volume conditions →