Decentralized Social (DESO) Trading Up 27.3% Over Last 7 Days

Decentralized Social (DESO) traded 19% higher against the dollar during the 24 hour period ending at 13:00 PM Eastern on August 24th. Decentralized Social has a total market cap of $84.49 million and $1.18 million worth of Decentralized Social was traded on exchanges in the last day. During the last seven days, Decentralized Social has traded 27.3% higher against the dollar. One Decentralized Social coin can now be bought for approximately $8.02 or 0.00012479 BTC on popular cryptocurrency exchanges.

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

• 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 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 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded up 17% against the dollar and now trades at $0.0622 or 0.00000097 BTC.
• P2P Solutions foundation (P2PS) traded 5.1% higher against the dollar and now trades at $161.44 or 0.00251138 BTC.

Decentralized Social Coin Profile

Decentralized Social’s genesis date was March 1st, 2021. Decentralized Social’s total supply is 10,808,492 coins and its circulating supply is 10,532,253 coins. The official message board for Decentralized Social is diamondapp.com/u/deso?. The Reddit community for Decentralized Social is https://reddit.com/r/deso and the currency’s Github account can be viewed here. Decentralized Social’s official Twitter account is @desoprotocol. Decentralized Social’s official website is deso.com.

According to CryptoCompare, “Decentralized Social (DESO) is a blockchain-based platform intended for the creation and operation of decentralised social media applications. It addresses issues linked with centralised platforms, such as data privacy, content censorship, and monetisation. Users retain control over their data, enhancing privacy and reducing exploitation risks. Content creators can monetise their work through mechanisms like NFTs, tips, and subscriptions, bypassing intermediaries. By decentralising content storage and distribution, DESO seeks to lessen censorship and support free expression. Additionally, DESO is designed to manage high volumes of transactions and data, making it appropriate for high-traffic social applications. Nader Al-Naji founded DESO, which combines the open financial system features of cryptocurrencies with a scalable database infrastructure​.”

Decentralized Social Coin Trading

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

DESO/USD price chart by TradingView