DAOstack Market Capitalization Achieves $3.84 Million (GEN)

DAOstack (CURRENCY:GEN) traded up 4.9% against the US dollar during the 24-hour period ending at 19:00 PM E.T. on November 25th. DAOstack has a total market capitalization of $3.84 million and approximately $260,636.00 worth of DAOstack was traded on exchanges in the last day. One DAOstack coin can now be bought for $0.0783 or 0.00000133 BTC on major cryptocurrency exchanges. Over the last week, DAOstack has traded 30% higher against the US dollar.

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

  • Wrapped Bitcoin (WBTC) traded up 3.3% against the dollar and now trades at $58,673.18 or 0.99311419 BTC.
  • Cosmos (ATOM) traded 0.7% higher against the dollar and now trades at $29.96 or 0.00050715 BTC.
  • Creditcoin (CTC) traded 0.9% higher against the dollar and now trades at $2.41 or 0.00004075 BTC.
  • Function X (FX) traded 7.2% higher against the dollar and now trades at $1.01 or 0.00001713 BTC.
  • Phantasma (SOUL) traded down 12.8% against the dollar and now trades at $2.88 or 0.00004881 BTC.
  • Venus (XVS) traded up 0.4% against the dollar and now trades at $24.03 or 0.00040670 BTC.
  • Tranchess (CHESS) traded 2.7% lower against the dollar and now trades at $2.50 or 0.00004225 BTC.
  • Galaxy Heroes Coin (GHC) traded 4.8% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Reflexer Ungovernance Token (FLX) traded 30.3% higher against the dollar and now trades at $395.35 or 0.00669170 BTC.
  • Darwinia Network (RING) traded down 1.5% against the dollar and now trades at $0.0936 or 0.00000158 BTC.

DAOstack Profile

GEN is a PoW/PoS coin that uses the Scrypt hashing algorithm. DAOstack’s total supply is 60,000,000 coins and its circulating supply is 49,029,095 coins. The Reddit community for DAOstack is /r/daostack and the currency’s Github account can be viewed here. DAOstack’s official website is daostack.io. DAOstack’s official Twitter account is @daostack and its Facebook page is accessible here.

According to CryptoCompare, “DAOstack is an operating system for Decentralized Autonomous Organizations (DAOs). DAOstack provides customizable tools for collective resource management, decision making, budgeting and incentivisation, which make the development of decentralized apps easier and more intuitive. GEN is an ERC20 token based on the Ethereum network. It's the native token of the DAOstack platform and it's required for all basic operations across the DAOstack ecosystem – such as promoting proposals. GEN will be distributed to contributors of value through the DAOstack framework itself, incentivizing development, promotion and adoption. “

Buying and Selling DAOstack

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

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