DeFiChain Market Capitalization Reaches $23.54 Million (DFI)

DeFiChain (DFI) traded down 1.8% against the US dollar during the 24-hour period ending at 19:00 PM Eastern on July 28th. One DeFiChain coin can now be purchased for $0.0284 or 0.00000042 BTC on popular exchanges. In the last seven days, DeFiChain has traded down 9.4% against the US dollar. DeFiChain has a total market capitalization of $23.54 million and $2.02 million worth of DeFiChain was traded on exchanges in the last 24 hours.

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

• KILT Protocol (KILT) traded down 0.4% against the dollar and now trades at $0.18 or 0.00000272 BTC.
• 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 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.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 0.4% against the dollar and now trades at $0.0134 or 0.00000020 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

DeFiChain Coin Profile

DeFiChain’s launch date was May 11th, 2020. DeFiChain’s total supply is 1,149,747,373 coins and its circulating supply is 828,936,348 coins. The official website for DeFiChain is defichain.com. 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. The official message board for DeFiChain is blog.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.”

DeFiChain Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as DeFiChain directly using U.S. dollars. Investors seeking to acquire DeFiChain should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy DeFiChain using one of the exchanges listed above.

DFI/USD price chart by TradingView