DigixDAO Trading 10.1% Higher This Week (DGD)

DigixDAO (CURRENCY:DGD) traded down 0.2% against the US dollar during the 1 day period ending at 21:00 PM ET on January 14th. One DigixDAO coin can now be bought for approximately $632.80 or 0.01469976 BTC on popular exchanges. Over the last seven days, DigixDAO has traded 10.1% higher against the US dollar. DigixDAO has a market cap of $49.44 million and $17,843.00 worth of DigixDAO was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over the last 24 hours:

  • Solana (SOL) traded 0.6% lower against the dollar and now trades at $146.85 or 0.00341124 BTC.
  • Polygon (MATIC) traded up 4.9% against the dollar and now trades at $2.38 or 0.00005528 BTC.
  • Binance USD (BUSD) traded down 0% against the dollar and now trades at $1.00 or 0.00002324 BTC.
  • Polygon (MATIC) traded flat against the dollar and now trades at $2.00 or 0.00003275 BTC.
  • Chainlink (LINK) traded up 2.1% against the dollar and now trades at $25.72 or 0.00059749 BTC.
  • Crypto.com Coin (CRO) traded down 0.1% against the dollar and now trades at $0.46 or 0.00001070 BTC.
  • Dai (DAI) traded 0% higher against the dollar and now trades at $1.00 or 0.00002323 BTC.
  • Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • Fantom (FTM) traded down 1.5% against the dollar and now trades at $2.92 or 0.00006792 BTC.
  • DREP (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003398 BTC.

About DigixDAO

DigixDAO (DGD) is a N/A coin that uses the ETH Token hashing algorithm. It was first traded on April 28th, 2016. DigixDAO’s total supply is 78,133 coins. The official message board for DigixDAO is medium.com/@digix. DigixDAO’s official Twitter account is @DigixGlobal and its Facebook page is accessible here. The Reddit community for DigixDAO is /r/digix and the currency’s Github account can be viewed here. The official website for DigixDAO is digix.global/dgd.

According to CryptoCompare, “Digix is an asset tokenization platform that puts gold asset ownership on the blockchain, making digital gold transferrable. Digix' ecosystem is powered by two native tokens: DGX and DGD. DGX is an ERC20 security token which democratizes access to gold. DGX represents physical gold where 1 DGX represents 1 gram of gold. The DGD token gives users the right to profits in the trading of DGX tokens which own the right to gold stored in a vault in Singapore. So if people trade 20 gold bars per day – the DGD token holders will have the profits of the commission from those trades distributed equally amongst themselves. DigixDAO’s Dissolution: Following the casting of votes by our community of DGD holders, the majority of DGD holders have voted for a dissolution of DigixDAO and to burn the remaining DGD in circulation, returning prorated amounts of ETH to token holders according to their DGD holdings. Read all about it here. “

Buying and Selling DigixDAO

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

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