Diamond (CURRENCY:DMD) traded 6.7% lower against the U.S. dollar during the twenty-four hour period ending at 0:00 AM E.T. on September 10th. Diamond has a market cap of $2.15 million and $3,274.00 worth of Diamond was traded on exchanges in the last 24 hours. One Diamond coin can now be bought for $0.65 or 0.00006410 BTC on major exchanges including Bittrex, Livecoin and CryptoBridge. During the last seven days, Diamond has traded down 7.8% against the U.S. dollar.
Here’s how other cryptocurrencies have performed during the last 24 hours:
- MicroBitcoin (MBC) traded up 12.1% against the dollar and now trades at $0.0001 or 0.00000001 BTC.
- Groestlcoin (GRS) traded down 0.2% against the dollar and now trades at $0.22 or 0.00002213 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 6.9% lower against the dollar and now trades at $0.0043 or 0.00000043 BTC.
Diamond Coin Profile
DMD is a PoW/PoS coin that uses the Groestl hashing algorithm. It launched on July 13th, 2013. Diamond’s total supply is 3,311,424 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
Diamond can be bought or sold on the following cryptocurrency exchanges: CryptoBridge, Bittrex and Livecoin. It is usually not possible to purchase alternative cryptocurrencies such as Diamond directly using U.S. dollars. Investors seeking to trade Diamond should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Diamond using one of the exchanges listed above.
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