OctoFi (CURRENCY:OCTO) traded up 7.6% against the dollar during the 24 hour period ending at 15:00 PM E.T. on April 8th. OctoFi has a total market capitalization of $74.15 million and approximately $2.54 million worth of OctoFi was traded on exchanges in the last 24 hours. In the last week, OctoFi has traded 5.5% higher against the dollar. One OctoFi coin can currently be purchased for about $92.98 or 0.00159979 BTC on exchanges.
Here’s how other cryptocurrencies have performed in the last 24 hours:
- Chainlink (LINK) traded 5.2% higher against the dollar and now trades at $32.36 or 0.00055685 BTC.
- THETA (THETA) traded up 8.6% against the dollar and now trades at $13.16 or 0.00022638 BTC.
- DREP (DREP) traded 21% lower against the dollar and now trades at $1.96 or 0.00003398 BTC.
- DREP [old] (DREP) traded 19.5% lower against the dollar and now trades at $1.96 or 0.00003399 BTC.
- Crypto.com Coin (CRO) traded 9.3% higher against the dollar and now trades at $0.20 or 0.00000348 BTC.
- FTX Token (FTT) traded up 10.5% against the dollar and now trades at $48.86 or 0.00084067 BTC.
- Aave (AAVE) traded up 4.8% against the dollar and now trades at $369.21 or 0.00635247 BTC.
- Binance USD (BUSD) traded 0% lower against the dollar and now trades at $1.00 or 0.00001723 BTC.
- Holo (HOT) traded up 16% against the dollar and now trades at $0.0238 or 0.00000041 BTC.
- Huobi Token (HT) traded 6.2% higher against the dollar and now trades at $17.63 or 0.00030331 BTC.
According to CryptoCompare, “OctoFi is an open-source platform providing decentralized finance oracles tentacles. It believes that the term ‘oracle’ itself implies unreasonable dependence on a single source of truth. In most cases, an oracle is viewed as singular, and while OctoFi appreciates their importance it foresees the existence of many, all of which are auditable against one another. “
Buying and Selling OctoFi
It is usually not currently possible to purchase alternative cryptocurrencies such as OctoFi directly using US dollars. Investors seeking to acquire OctoFi should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase OctoFi using one of the exchanges listed above.
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