Diamond Achieves Market Cap of $12.78 Million (DMD)

Diamond (CURRENCY:DMD) traded 1.6% higher against the US dollar during the 1 day period ending at 23:00 PM ET on November 25th. Over the last seven days, Diamond has traded up 9.9% against the US dollar. One Diamond coin can now be purchased for $3.51 or 0.00006050 BTC on cryptocurrency exchanges. Diamond has a market cap of $12.78 million and $37,370.00 worth of Diamond was traded on exchanges in the last day.

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

  • Groestlcoin (GRS) traded up 3.7% against the dollar and now trades at $0.99 or 0.00001700 BTC.
  • FairGame (FAIR) traded up 20.4% against the dollar and now trades at $0.0642 or 0.00000111 BTC.
  • KARMA (KARMA) traded up 0.2% against the dollar and now trades at $0.0067 or 0.00000012 BTC.
  • FairCoin (FAIR) traded 1.1% higher against the dollar and now trades at $0.0323 or 0.00000056 BTC.
  • MicroBitcoin (MBC) traded 16.6% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • DMD (DMD) traded 3.1% higher against the dollar and now trades at $30.34 or 0.00052362 BTC.

Diamond Coin Profile

DMD is a PoW/PoS coin that uses the Groestl hashing algorithm. It was first traded on July 13th, 2013. Diamond’s total supply is 3,646,043 coins. The official website for Diamond is bit.diamonds. Diamond’s official Twitter account is @dmdcoin and its Facebook page is accessible here. The Reddit community for Diamond is /r/dmd and the currency’s Github account can be viewed 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.   “

Diamond Coin Trading

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

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