General Characteristics
DRAGON on TRON ($DGTRON) is a dragon-themed meme coin launched using SunPump, a TRON-based platform dedicated to the fair launch and trading of meme coins. DRAGON features an image of a cute little dragon aiming to grow bigger and fly higher. It hopes to achieve this with the help of its community and potential holders.
To help raise DRAGON as a parent alongside its community, potential holders will need to adopt the token by buying and hodling. However, participation should be done out of love and care, as the team would not lock funds. Parents are free to buy and take profit anytime. Aside from buying and hodling, a vote on DEXTools is also considered parenting. When DRAGON grows bigger and reaches Swap listing, its logo image will change to a bigger dragon with new skin and colors.
In a purpose deeper than humor, the DRAGON team is committed to protecting and restoring forests, with its community being a significant part of the initiative. As part of this, a portion of every $DGTRON transaction fee will go directly to verified environmental organizations fighting deforestation. DRAGON is not just a meme coin but a movement combating climate change!
Roadmap
DRAGON's roadmap is clearly defined in four phases for now.
Q3 2024: Mass adoption.
Q4 2024: Exchange listings and community drive.
Q1 2025: Additional listings.
Q2 2025: Young dragon deployment.
The project's ultimate goal is to raise DRAGON and support its community for their participation.
Functionality and Utility
DRAGON initially launched as a meme coin with no utility. However, it has since evolved with the release of its first utility—a Telegram bot, which is now live and functioning smoothly in their Telegram channel.
Additionally, the team is working on further developments, including DeFi, AI integration, and NFTs. The upcoming NFT collections will be showcased on
APENFT
Market Performance and Dynamics
Launched in August, $DGTRON has a total supply of 1B tokens with 298.43M (representing 29.84% of the total supply) currently in circulation. The mene coin traded at $0.00006049 at press time, representing a more than 60% jump over the past week.
With this price performance, its market cap currently stands at $60K. It has a 24-hour trading volume of $2.98K and a liquidity of $38.89K.
Community
The DRAGON meme coin community is gradually growing, with 471 followers on X, 242 members on Telegram, and 153 token holders.
With a focus on social media engagement and participation in project activities, its community is expected to grow bigger.
Pros
- Community-Focused: The project emphasizes community involvement and rewards.
- No Locked Funds: Investors can get in and get out anytime.
- Potential for Growth: The roadmap suggests future developments that could increase the token's value.
- Potential Utility: Its X page mentions Telegram bot, DeFi, NFTs, and AI integration, which could help the project's long-term success.
5 Questions to the DRAGON on TRON Team
1) What inspired you to create a memecoin centered around the dragon, and how do you envision this metaphor reflecting the journey of your token?
The dragon has long been a symbol of immense power, wealth, and good fortune in various cultures, especially in Eastern mythology.
We are thrilled to have developed a meme coin centered around the mighty dragon. We aimed to tap into the universal symbolism of strength, ambition, and the pursuit of success. As mythical dragons transcend boundaries, we envision our token soaring across markets and communities, bringing prosperity and growth to all involved, embracing the '#HereToStay' mindset.
Our token goes beyond mere financial gain or temporary fads; itrepresents a powerful journey of growth, resilience, and transformation, much like the revered dragon. Just as the dragon embodies wisdom and power, we envision our token embodying these traits, bringing prosperity to its holders and adapting to the ever-changing market. Our goal is to create a lasting legacy, much like the enduring spirit of the dragon, that stands the test of time and brings success to all who are part of this exciting community des<ned to travel new heights.
2) Your roadmap emphasizes community involvement, with the idea of raising the dragon as a collective. Can you share more about how you plan to keep the community engaged and what role they will play in shaping the evolution of the dragon?
We are fully committed to engaging the community by actively involving them in crucial decisions. This encompasses voting on upcoming developments, partnerships, and token utility expansions. The community will be pivotal in shaping the project's direction through interactive events, contests, and valuable feedback loops. We aim for everyone to unite in "raising the dragon," signifying that their input and participation will significantly impact its growth and success. This approach guarantees that the token will progress based on collective input and a shared vision, fostering a vibrant and collaborative ecosystem.
3) Unlike many projects, you don’t lock funds, emphasizing freedom and trust. What motivated this decision, and how do you balance this openness with ensuring the long-term growth of the project?
We've deliberately decided not to lock funds to underscore our commitment to transparency, trust, and flexibility for our community. This reflects our strong belief in empowering users to control their assets. Solid fundamentals, including community-driven development, strategic partnerships, and continuous innovation, drive our focus on long-term growth. This approach ensures trust is naturally cultivated rather than enforced through imposed restrictions. We are dedicated to fostering a collaborative and open environment for our community's benefit.
As our community grows, the dragon and market cap are poised to expand, so our 0.5% stake will be greatly appreciated. We're thrilled about the exciting times ahead and remain fully commitied to the dragon and our community!
4)You’ve mentioned that as the Dragon grows, new skins and colors will be added. Can you explain how this visual evolution ties into the project’s broader goals and how it symbolizes the progress of the community and token?
The dragon's evolving skins and vibrant colours symbolise our project's remarkable growth and transformation. Each new skin mirrors the significant milestones reached and progress made, showcasing our community's invaluable contributions and the token's expanding utility. If you observe closely, we began with a charming black and white baby dragon; now, it proudly displays its full spectrum of colours after being listed on DEX chains. This captivating visual evolution keeps our project vibrant and charming, sparking curiosity and standing as a compelling metaphor for how our community and token persistently adapt, innovate, and flourish together.
5)What does the “ultimate goal” look like for the Dragon? Do you have plans for partnerships, further developments, or perhaps creating a DeFi or NFT integration as the Dragon matures?
We are incredibly excited about the Dragon's goal to cultivate a vibrant ecosystem through active community engagement and expansion into Integrated Artificial Intelligence, DeFi, and NFTs. Our strategic focus on forging partnerships that amplify utility and scalability, alongside our commitment to evolving the token's features, is sure to drive its growth. As the Dragon evolves, we are dedicated to integrating more real-world applications with a steadfast commitment to long-term sustainability and value for our holders.
Official links
CA: TPBEsjyW8gZ72wpkyBF7gQNszKpGnSQT8e
Website
Twitter
Telegram
Dextools
DEXScreener
Coin Geck Terminal
Moontok
Where to buy
SunSwap
This is a (daily) in-depth analysis by Memecoin Season about the most promising and/or successful meme coin projects within the dynamic blockchain space.
We first share this report with our invite-only community of investors and enthusiasts to study and potentially consider for their investment strategies. Then, the next day, we publish it for the general public.
While we thoroughly pick and analyze strong contenders in the meme coin space, remember that we do not give here any investment advice. Always consider your own goals and analyze the risks inherent to meme coins before investing.