Diamond (CURRENCY:DMD) traded 3.6% lower against the U.S. dollar during the one day period ending at 16:00 PM ET on August 17th. One Diamond coin can now be bought for $0.53 or 0.00005252 BTC on popular cryptocurrency exchanges including Bittrex, Livecoin and CryptoBridge. Diamond has a total market capitalization of $1.75 million and approximately $313.00 worth of Diamond was traded on exchanges in the last day. Over the last week, Diamond has traded down 17.3% against the U.S. dollar.
Here is how similar cryptocurrencies have performed over the last day:
- Groestlcoin (GRS) traded up 2.6% against the dollar and now trades at $0.22 or 0.00002145 BTC.
- MicroBitcoin (MBC) traded 23.6% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
- Karma (KRM) traded 1.6% higher against the dollar and now trades at $0.0004 or 0.00000004 BTC.
- Riecoin (RIC) traded flat against the dollar and now trades at $0.0070 or 0.00000093 BTC.
- FairGame (FAIR) traded down 3% against the dollar and now trades at $0.0047 or 0.00000046 BTC.
Diamond Coin Profile
DMD is a PoW/PoS coin that uses the Groestl hashing algorithm. Its genesis date was July 13th, 2013. Diamond’s total supply is 3,291,541 coins. Diamond’s official website is bit.diamonds. The Reddit community for Diamond is /r/dmd and the currency’s Github account can be viewed here. Diamond’s official Twitter account is @dmdcoin and its Facebook page is accessible here.
According to CryptoCompare, “Algorithm is ASIC resistant Grøstl. 4.38 million total coins. Block solving target time ~ 100 seconds. Low transaction fee at 0.001. Mean time per block under 60 seconds. Difficulty retargets at every block. Endless Hybrid Network Security. Transaction Message. Fast and secure transactions with 6 required confirmations. Provision for continuous promotion and development. Brand new code base with up to date security patches and significant performance improvements. “
Buying and Selling Diamond
Diamond can be bought or sold on the following cryptocurrency exchanges: Livecoin, CryptoBridge and Bittrex. It is usually not presently possible to buy alternative cryptocurrencies such as Diamond directly using US dollars. Investors seeking to trade Diamond should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Diamond using one of the aforementioned exchanges.
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