DeFiChain (DFI) Reaches Market Capitalization of $24.36 Million

DeFiChain (DFI) traded 64.4% higher against the dollar during the 1 day period ending at 10:00 AM E.T. on December 8th. One DeFiChain coin can now be bought for approximately $0.0294 or 0.00000029 BTC on major cryptocurrency exchanges. DeFiChain has a market capitalization of $24.36 million and approximately $4.08 million worth of DeFiChain was traded on exchanges in the last 24 hours. In the last week, DeFiChain has traded 67.7% higher against the dollar.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 0.5% higher against the dollar and now trades at $99,829.86 or 0.99894415 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0.4% against the dollar and now trades at $99,571.67 or 0.99636059 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About DeFiChain

DeFiChain was first traded on May 11th, 2020. DeFiChain’s total supply is 1,149,750,004 coins and its circulating supply is 828,938,980 coins. DeFiChain’s official Twitter account is @defichain and its Facebook page is accessible here. The Reddit community for DeFiChain is https://reddit.com/r/defiblockchain and the currency’s Github account can be viewed here. DeFiChain’s official message board is blog.defichain.com. The official website for DeFiChain is defichain.com.

According to CryptoCompare, “DFI coin is a unit of account in DeFiChain, a decentralized blockchain platform focused on enabling fast, transparent, and accessible decentralized financial services. The DeFiChain Foundation issued around 600 million DFI in May 2020, and the platform runs on a proof-of-stake consensus mechanism. DeFiChain features high transaction throughput, reliable decentralized governance, and security by anchoring its most recent Merkle root to the Bitcoin blockchain every few minutes. The DeFi Foundation is located in Singapore and is led by experienced blockchain experts Dr. Julian Hosp and U-zyn Chua.”

Buying and Selling DeFiChain

It is usually not currently possible to purchase alternative cryptocurrencies such as DeFiChain directly using US dollars. Investors seeking to acquire DeFiChain should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase DeFiChain using one of the aforementioned exchanges.

DFI/USD price chart by TradingView