DeFiChain Market Cap Hits $52.05 Million (DFI)

DeFiChain (DFI) traded 0.7% lower against the dollar during the one day period ending at 21:00 PM E.T. on May 8th. During the last week, DeFiChain has traded 0.5% lower against the dollar. One DeFiChain coin can now be bought for $0.0594 or 0.00000097 BTC on cryptocurrency exchanges. DeFiChain has a total market capitalization of $52.05 million and $2.52 million worth of DeFiChain was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded 1.1% lower against the dollar and now trades at $0.30 or 0.00000482 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 down 2.2% 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 up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 1.3% against the dollar and now trades at $0.0102 or 0.00000017 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About DeFiChain

DeFiChain was first traded on May 11th, 2020. DeFiChain’s total supply is 1,133,663,271 coins and its circulating supply is 876,651,418 coins. The Reddit community for DeFiChain is https://reddit.com/r/defiblockchain and the currency’s Github account can be viewed here. The official message board for DeFiChain is blog.defichain.com. DeFiChain’s official Twitter account is @defichain and its Facebook page is accessible here. The official website for DeFiChain is 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.”

Buying and Selling DeFiChain

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

DFI/USD price chart by TradingView