DeFiChain Reaches Market Capitalization of $28.90 Million (DFI)

DeFiChain (DFI) traded 0.7% lower against the US dollar during the 24-hour period ending at 20:00 PM Eastern on July 2nd. During the last week, DeFiChain has traded 6.7% lower against the US dollar. One DeFiChain coin can now be purchased for about $0.0350 or 0.00000056 BTC on cryptocurrency exchanges. DeFiChain has a market capitalization of $28.90 million and approximately $2.39 million worth of DeFiChain was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded 2.1% lower against the dollar and now trades at $0.21 or 0.00000334 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% 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 1.2% higher 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 1% higher against the dollar and now trades at $0.0119 or 0.00000019 BTC.
• AXIA Coin (AXC) traded 0.1% lower 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 1,146,581,649 coins and its circulating supply is 826,052,628 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. DeFiChain’s official message board 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.”

DeFiChain Coin Trading

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

DFI/USD price chart by TradingView