Decentralized Social 24 Hour Trading Volume Hits $536,521.71 (DESO)

Decentralized Social (DESO) traded 0.1% lower against the US dollar during the 1-day period ending at 20:00 PM Eastern on October 15th. Over the last seven days, Decentralized Social has traded up 2.7% against the US dollar. One Decentralized Social coin can currently be purchased for about $6.53 or 0.00009731 BTC on popular exchanges. Decentralized Social has a market cap of $68.76 million and approximately $536,521.71 worth of Decentralized Social was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed over the last day:

• 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher 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.
• MVP Coin (MVP) traded down 11.6% against the dollar and now trades at $0.0457 or 0.00000068 BTC.
• P2P Solutions foundation (P2PS) traded down 0.9% against the dollar and now trades at $168.34 or 0.00250921 BTC.

About Decentralized Social

Decentralized Social’s genesis date was March 1st, 2021. Decentralized Social’s total supply is 10,808,492 coins and its circulating supply is 10,532,253 coins. Decentralized Social’s official Twitter account is @desoprotocol. The Reddit community for Decentralized Social is https://reddit.com/r/deso and the currency’s Github account can be viewed here. The official website for Decentralized Social is deso.com. Decentralized Social’s official message board is diamondapp.com/u/deso?.

According to CryptoCompare, “Decentralized Social (DESO) is a blockchain-based platform intended for the creation and operation of decentralised social media applications. It addresses issues linked with centralised platforms, such as data privacy, content censorship, and monetisation. Users retain control over their data, enhancing privacy and reducing exploitation risks. Content creators can monetise their work through mechanisms like NFTs, tips, and subscriptions, bypassing intermediaries. By decentralising content storage and distribution, DESO seeks to lessen censorship and support free expression. Additionally, DESO is designed to manage high volumes of transactions and data, making it appropriate for high-traffic social applications. Nader Al-Naji founded DESO, which combines the open financial system features of cryptocurrencies with a scalable database infrastructure​.”

Buying and Selling Decentralized Social

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

DESO/USD price chart by TradingView