DigixDAO (DGD) Market Capitalization Tops $711.35 Million
DigixDAO (CURRENCY:DGD) traded up 12% against the US dollar during the one day period ending at 21:00 PM ET on February 23rd. DigixDAO has a market capitalization of $711.35 million and $64.46 million worth of DigixDAO was traded on exchanges in the last 24 hours. In the last week, DigixDAO has traded 45.4% higher against the US dollar. One DigixDAO token can now be purchased for approximately $355.68 or 0.03453010 BTC on major cryptocurrency exchanges including IDEX, Gate.io, HitBTC and Liqui.
Here is how other cryptocurrencies have performed in the last 24 hours:
- Ripple (XRP) traded up 9.8% against the dollar and now trades at $1.01 or 0.00009757 BTC.
- NEO (NEO) traded up 10.6% against the dollar and now trades at $124.47 or 0.01208390 BTC.
- Stellar (XLM) traded up 7.2% against the dollar and now trades at $0.38 or 0.00003708 BTC.
- IOTA (MIOTA) traded 11% higher against the dollar and now trades at $1.77 or 0.00017209 BTC.
- TRON (TRX) traded 13.9% higher against the dollar and now trades at $0.0452 or 0.00000439 BTC.
- VeChain (VEN) traded up 12.6% against the dollar and now trades at $5.99 or 0.00058145 BTC.
- Tether (USDT) traded down 0.3% against the dollar and now trades at $1.00 or 0.00009711 BTC.
- OmiseGO (OMG) traded up 12.3% against the dollar and now trades at $17.96 or 0.00174341 BTC.
- ICON (ICX) traded 8.5% higher against the dollar and now trades at $4.01 or 0.00038906 BTC.
- Binance Coin (BNB) traded up 10.2% against the dollar and now trades at $9.63 or 0.00093450 BTC.
According to CryptoCompare, “Digix DAO is a new form of cryptographic asset in that it is a Decentralised Autonomous Organisation or DAO for short. DAO are basically Companies written in code that are there to perform a set of functions with holders of the tokens voting in relation to the number of tokens they hold. The Digix DAO gives users the right to profits in the trading of Digix tokens (DGX) which own the right to gold stored in vault in Singapore. So if people trade 20 gold bars per day – the Digix DAO token holders will have the profits of the commission from those trades distributed equally amongst themselves. “
DigixDAO Token Trading
DigixDAO can be traded on these cryptocurrency exchanges: EtherDelta, Bittrex, OKEx, Liqui, IDEX, Gate.io, Binance, BigONE, Huobi and HitBTC. It is not possible to purchase DigixDAO directly using US dollars. Investors seeking to trade DigixDAO must first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase DigixDAO using one of the aforementioned exchanges.
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