Course Dragonchain increased by 30% amid speculation about listing on Upbit

"Buy the rumor, sell the news" is a popular phrase among traders, reflecting the phenomenon in which the price of an asset in the market grows in anticipation of the publication of important news and falls when the news finally comes out (or does not come out), and fair for the market cryptocurrency.

Over the past 24 hours, the rate of the dragon Chain cryptocurrency rose by 30% and reached the level of $0.80, after someone found out that Upbit can prepare for the launch of the BTC/DRGN trading pair.



A screenshot made on one of the pages of The upbit exchange, which shows the API that could be integrated in the run-up to the launch announcement, is distributed in social networks.


At the time of publication, there is no such code on the page, and it returns a message about a non-existent trading pair.

However, traders are not in a hurry to sell dragon Chain yet, waiting for the rumors to be confirmed.

Currently dragon Chain, despite all its popularity, is trading on a limited number of sites. The leader in terms of dragon Chain trading volume is the kucoin exchange, which accounts for more than 90% of transactions with this cryptocurrency.



In addition, listing on Upbit can automatically mean the output of a digital asset on another popular exchange — Bittrex. The launch of the South Korean Upbit was made last year with the mediation of the American Bittrex, and recently the latter officially confirmed that before leaving the Upbit, the asset is listed on Bittrex.

Dragon Chain platform was created in 2015 by Disney. It allows you to develop a variety of tools and systems on the blockchain using a variety of programming languages. Subsequently, developers can share their tools with each other through a specialized marketplace and create various solutions for real business, such as ticket systems, voting systems, audit reporting, payment platforms, peer-to-peer financial derivatives, etc.
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