DeFiChain (DFI) Achieves Market Cap of $12.01 Million

DeFiChain (DFI) traded 7.2% higher against the US dollar during the 24 hour period ending at 12:00 PM ET on November 6th. In the last week, DeFiChain has traded 0.8% lower against the US dollar. DeFiChain has a market cap of $12.01 million and $1.61 million worth of DeFiChain was traded on exchanges in the last day. One DeFiChain coin can currently be purchased for $0.0145 or 0.00000019 BTC on popular cryptocurrency exchanges.

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

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 6.3% higher against the dollar and now trades at $74,142.46 or 0.99599784 BTC.
• SolvBTC (SOLVBTC) traded 6% higher against the dollar and now trades at $74,060.72 or 0.99489985 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

DeFiChain Coin Profile

DeFiChain’s genesis date was May 11th, 2020. DeFiChain’s total supply is 1,149,750,004 coins and its circulating supply is 828,938,980 coins. The official website for DeFiChain is defichain.com. The Reddit community for DeFiChain is https://reddit.com/r/defiblockchain and the currency’s Github account can be viewed here. DeFiChain’s official Twitter account is @defichain and its Facebook page is accessible here. DeFiChain’s official message board is blog.defichain.com.

According to CryptoCompare, “DFI coin is a unit of account in DeFiChain, a decentralized blockchain platform focused on enabling fast, transparent, and accessible decentralized financial services. The DeFiChain Foundation issued around 600 million DFI in May 2020, and the platform runs on a proof-of-stake consensus mechanism. DeFiChain features high transaction throughput, reliable decentralized governance, and security by anchoring its most recent Merkle root to the Bitcoin blockchain every few minutes. The DeFi Foundation is located in Singapore and is led by experienced blockchain experts Dr. Julian Hosp and U-zyn Chua.”

Buying and Selling DeFiChain

It is usually not currently possible to buy alternative cryptocurrencies such as DeFiChain directly using U.S. dollars. Investors seeking to acquire DeFiChain should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy DeFiChain using one of the exchanges listed above.

DFI/USD price chart by TradingView