DeFiChain Price Down 8.7% This Week (DFI)

DeFiChain (DFI) traded 0.8% higher against the US dollar during the 24-hour period ending at 21:00 PM Eastern on May 5th. During the last seven days, DeFiChain has traded down 8.7% against the US dollar. One DeFiChain coin can currently be bought for $0.0618 or 0.00000096 BTC on major exchanges. DeFiChain has a total market cap of $54.16 million and $2.87 million worth of DeFiChain was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded 1.6% higher against the dollar and now trades at $0.30 or 0.00000474 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.1% higher against the dollar and now trades at $0.0100 or 0.00000016 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

DeFiChain Profile

DeFiChain launched on May 11th, 2020. DeFiChain’s total supply is 1,132,958,326 coins and its circulating supply is 876,021,148 coins. The official website for DeFiChain is defichain.com. 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. DeFiChain’s official Twitter account is @defichain and its Facebook page is accessible here.

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 possible to purchase alternative cryptocurrencies such as DeFiChain directly using US dollars. Investors seeking to acquire DeFiChain should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase DeFiChain using one of the aforementioned exchanges.

DFI/USD price chart by TradingView