Dragonchain (DRGN) Shows Potential for Further Gains After SEC Lawsuit Closure as Market Cap Tokens Gain Momentum
The post Dragonchain (DRGN) Shows Potential for Further Gains After SEC Lawsuit Closure as Market Cap Tokens Gain Momentum appeared on BitcoinEthereumNews.com.
Dragonchain (DRGN) rallies 115% after the SEC lawsuit ends, with resistance levels near $0.090 and $0.107 now in sight. ZORA gains momentum after Coinbase listing, riding the Content Coins trend, with potential upside toward $0.034. Housecoin (HOUSE) surges over 250% on Saturday, April 26, setting new highs and capturing attention among Solana meme token traders. Low Market Cap Tokens are gaining momentum as May 2025 begins, with Dragonchain (DRGN), ZORA, and Housecoin (HOUSE) leading the way. DRGN surged 115% after the SEC dropped its lawsuit, reigniting interest in the project. Dragonchain (DRGN): A Resurgence in the Market Dragonchain (DRGN) is a hybrid blockchain platform designed for enterprises and developers, originally developed within The Walt Disney Company in 2014. This innovative platform aims to combine the advantages of both public and private blockchains. Following its independence, Dragonchain launched the DRGN token, which initially reached a market cap of $1.3 billion in early 2018. Unfortunately, a lawsuit from the SEC in 2022 dramatically affected its market capitalization, dropping it below $20 million. However, the official dropping of the SEC lawsuit this week has revitalized investor interest, leading to a significant 115% surge in value. If this positive momentum persists, DRGN may test resistance levels at $0.090 and $0.107, with potential for breaking above $0.11 for the first time since 2021. Conversely, if buying pressure weakens, a corrective pullback towards $0.044 might occur. A more significant drop could see the token tumbling to levels around $0.035 or even $0.031. Nonetheless, optimism is brewing again for one of the original enterprise blockchain platforms. ZORA: Riding the Content Coin Wave ZORA is the native token of the Zora platform, specializing in the tokenization of digital content. Launched on April 23 through an airdrop, it quickly garnered attention by listing on major exchanges such as Binance…
Filed under: News - @ April 26, 2025 3:22 pm