DeFiChain Reaches Market Cap of $10.67 Million (DFI)

DeFiChain (DFI) traded down 1.8% against the dollar during the 1 day period ending at 17:00 PM ET on November 5th. DeFiChain has a total market capitalization of $10.67 million and $931,270.94 worth of DeFiChain was traded on exchanges in the last 24 hours. One DeFiChain coin can currently be bought for $0.0129 or 0.00000019 BTC on major exchanges. During the last seven days, DeFiChain has traded down 12.2% against the dollar.

Here is how other 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.
• 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2% higher against the dollar and now trades at $69,074.71 or 1.00211409 BTC.
• SolvBTC (SOLVBTC) traded 2% higher against the dollar and now trades at $69,047.43 or 1.00171838 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

DeFiChain Profile

DeFiChain’s launch date was May 11th, 2020. DeFiChain’s total supply is 1,149,750,004 coins and its circulating supply is 828,938,980 coins. DeFiChain’s official message board is blog.defichain.com. DeFiChain’s official Twitter account is @defichain and its Facebook page is accessible here. DeFiChain’s official website is defichain.com. The Reddit community for DeFiChain is https://reddit.com/r/defiblockchain and the currency’s Github account can be viewed 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 currently 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, GDAX or Gemini. 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