DeFiChain (DFI) Achieves Market Capitalization of $20.89 Million

DeFiChain (DFI) traded up 1.7% against the US dollar during the 1 day period ending at 15:00 PM E.T. on August 18th. During the last week, DeFiChain has traded up 9.6% against the US dollar. One DeFiChain coin can now be purchased for $0.0252 or 0.00000042 BTC on exchanges. DeFiChain has a market cap of $20.89 million and $1.81 million worth of DeFiChain was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed during 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.7% lower against the dollar and now trades at $0.0136 or 0.00000023 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 10.3% higher against the dollar and now trades at $0.0530 or 0.00000089 BTC.

DeFiChain Profile

DeFiChain launched on May 11th, 2020. DeFiChain’s total supply is 1,149,750,004 coins and its circulating supply is 828,936,348 coins. 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. The official website for DeFiChain is defichain.com. The official message board for DeFiChain 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 presently 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 GDAX, Gemini or Coinbase. 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