DeFiChain Market Cap Tops $53.82 Million (DFI)

DeFiChain (DFI) traded 2.2% higher against the dollar during the twenty-four hour period ending at 10:00 AM Eastern on May 4th. In the last week, DeFiChain has traded down 7.3% against the dollar. DeFiChain has a total market cap of $53.82 million and approximately $3.73 million worth of DeFiChain was traded on exchanges in the last 24 hours. One DeFiChain coin can currently be purchased for approximately $0.0615 or 0.00000096 BTC on major exchanges.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• KILT Protocol (KILT) traded 2.3% lower against the dollar and now trades at $0.30 or 0.00000466 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher 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 up 0.4% against the dollar and now trades at $0.0101 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 Coin Profile

DeFiChain’s genesis date was May 11th, 2020. DeFiChain’s total supply is 1,132,593,876 coins and its circulating supply is 875,656,778 coins. The Reddit community for DeFiChain is https://reddit.com/r/defiblockchain and the currency’s Github account can be viewed here. DeFiChain’s official Twitter account is @defichain and its Facebook page is accessible here. The official website for DeFiChain is defichain.com. 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.”

Buying and Selling DeFiChain

It is usually not currently possible to purchase alternative cryptocurrencies such as DeFiChain directly using U.S. dollars. Investors seeking to trade DeFiChain should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. 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