Diamond (CURRENCY:DMD) traded up 1.8% against the U.S. dollar during the twenty-four hour period ending at 23:00 PM Eastern on September 17th. One Diamond coin can currently be bought for $0.72 or 0.00007043 BTC on cryptocurrency exchanges including Livecoin, CryptoBridge and Bittrex. Over the last seven days, Diamond has traded 11.7% higher against the U.S. dollar. Diamond has a total market cap of $2.40 million and $1,692.00 worth of Diamond was traded on exchanges in the last 24 hours.
Here is how similar cryptocurrencies have performed over the last 24 hours:
- MicroBitcoin (MBC) traded up 4.1% against the dollar and now trades at $0.0001 or 0.00000001 BTC.
- Groestlcoin (GRS) traded up 3.6% against the dollar and now trades at $0.22 or 0.00002181 BTC.
- Karma (KRM) traded flat against the dollar and now trades at $0.0003 or 0.00000003 BTC.
- Riecoin (RIC) traded flat against the dollar and now trades at $0.0070 or 0.00000093 BTC.
- FairGame (FAIR) traded down 6.9% against the dollar and now trades at $0.0043 or 0.00000043 BTC.
DMD is a PoW/PoS coin that uses the Groestl hashing algorithm. It launched on July 13th, 2013. Diamond’s total supply is 3,316,998 coins. 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. The official website for Diamond is bit.diamonds.
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 purchased on the following cryptocurrency exchanges: CryptoBridge, Bittrex and Livecoin. It is usually not currently possible to buy alternative cryptocurrencies such as Diamond directly using U.S. dollars. Investors seeking to trade Diamond should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Diamond using one of the aforementioned exchanges.
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