DeFiChain Trading 12.2% Lower Over Last Week (DFI)

DeFiChain (DFI) traded 3.1% lower against the US dollar during the one day period ending at 11:00 AM E.T. on August 3rd. DeFiChain has a total market cap of $21.04 million and $703,477.25 worth of DeFiChain was traded on exchanges in the last 24 hours. One DeFiChain coin can now be purchased for about $0.0254 or 0.00000041 BTC on major exchanges. During the last seven days, DeFiChain has traded down 12.2% against the US dollar.

Here is how similar cryptocurrencies have performed during 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 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.
• 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 1.3% lower against the dollar and now trades at $0.0123 or 0.00000020 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 6% higher against the dollar and now trades at $0.0872 or 0.00000141 BTC.

About DeFiChain

DeFiChain’s genesis 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 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. DeFiChain’s official website is 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 buy alternative cryptocurrencies such as DeFiChain directly using U.S. dollars. Investors seeking to trade DeFiChain should first buy 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 buy DeFiChain using one of the aforementioned exchanges.

DFI/USD price chart by TradingView