This article explores the investment proposition that is presented by DragonVein (DVC), a fairly new cryptocurrency project that is currently skyrocketing in value.
The rapid increase in the DragonVein price has resulted in increased investor interest and heightened trading volume, up to nearly $20 million today. So, we thought it would be helpful to explain the key things you need to know before you invest in DraginVein coin, including what it is, how it works, and what our DVC price prediction is.
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To kick things off, let’s find out the best place to buy DragonVein coin right now.
Where to buy DVC crypto online
You can easily buy DVC coin, and many other cryptocurrencies, via a reliable, low-free online cryptocurrency broker. While some crypto investors opt to buy their coins through a decentralised exchange (DEX), we feel crypto brokers offer an unbeatable blend of low fees, protective regulation and asset variety. Here are our two top picks:
eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.
CAPEX.com is an awarded fintech brand, globally recognized for a strong presence in shaping the future of trading. The company focuses on making the markets more accessible & transforming the way people trade online.
If you still need a few things explained about how to buy DragonVein crypto, check out our detailed guide to buying Bitcoin and learn how to invest in cryptocurrency.
What is DragonVein coin?
DragonVein, formally known as DRAGONV TECH LTD, was established in the British Virgin Island in June 2018. The DragonVein blockchain is designed to provide both video streaming and cloud gaming services by leverage the latest 5G and blockchain technology. DVC is the projects native token.
DragonVein has collaborated with XR (VR/AR), which aims to be the first meaningful application of the 5G era. The DragonVein blockchain will be able to provide low-latency, high-speed edge computing services for XR (VR/AR) applications. The ambition of the project is clear, and the DragonVein dev team has stated that they plan to take DVC global in the near future.
The project has also collaborated with other impressive crypto projects, such as QuarkChain.
Should I buy DVC coin?
You should buy DragonVein coin if you believe in the projects fundamentals and the wider 5G macro story. 5G is here to stay, and this is becoming increasingly clear given the huge infrastructure-building expenditures – both privately and by the state – which are being made around the world.
However, you need to make sure you are aware of the risks. The cryptocurrency market, in general, is a high-risk zone, and for early-stage, small-cap altcoin projects, the risk is elevated even further. For a small, speculative part of your portfolio, DVC tokens make sense, though you should be wary of relying on them to produce returns.
DVC price prediction
Our DragonVein price prediction is incalculable right now. The project is at too early a stage to determine its fundamental value and accurately assess its balance sheet and business model. There are simply too many unknowns and unpredictable variables involved in this story for now, and the 5G industry itself also carries an element of controversy.
However, on the whole, we are bullish about this project and appreciate the quality of the technology on display.
Social media coverage of $DVC coin
For updates on DragonVein and many other coins, read our cryptocurrency news page for all the latest information.
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Read More:Where to buy DragonVein crypto: DVC coin surges 200% | Invezz