Diamond Trading 2.9% Higher This Week (DMD)

Diamond (CURRENCY:DMD) traded up 0.8% against the US dollar during the 24 hour period ending at 7:00 AM E.T. on November 25th. One Diamond coin can currently be purchased for about $3.44 or 0.00005935 BTC on major exchanges. In the last seven days, Diamond has traded up 2.9% against the US dollar. Diamond has a market capitalization of $12.54 million and $41,111.00 worth of Diamond was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

  • Groestlcoin (GRS) traded up 2.1% against the dollar and now trades at $0.96 or 0.00001651 BTC.
  • FairGame (FAIR) traded up 95.4% against the dollar and now trades at $0.0478 or 0.00000082 BTC.
  • KARMA (KARMA) traded 2.2% higher against the dollar and now trades at $0.0067 or 0.00000012 BTC.
  • FairCoin (FAIR) traded up 1.5% against the dollar and now trades at $0.0322 or 0.00000055 BTC.
  • MicroBitcoin (MBC) traded up 3.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • DMD (DMD) traded down 4.9% against the dollar and now trades at $30.04 or 0.00051828 BTC.

Diamond 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 3,645,888 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.   “

Buying and Selling Diamond

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

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