DeFiChain (DFI) Achieves Market Capitalization of $16.40 Million

DeFiChain (DFI) traded up 1.9% against the US dollar during the 1-day period ending at 11:00 AM ET on January 21st. One DeFiChain coin can currently be purchased for about $0.0198 or 0.00000019 BTC on major cryptocurrency exchanges. DeFiChain has a total market cap of $16.40 million and approximately $700,490.58 worth of DeFiChain was traded on exchanges in the last day. In the last seven days, DeFiChain has traded 19.7% lower against the US dollar.

Here is how related 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 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 1.4% lower against the dollar and now trades at $104,129.79 or 0.99457588 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.9% lower against the dollar and now trades at $103,660.88 or 0.99009716 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About DeFiChain

DeFiChain was first traded on May 11th, 2020. DeFiChain’s total supply is 1,149,750,004 coins and its circulating supply is 828,938,980 coins. DeFiChain’s official message board is blog.defichain.com. DeFiChain’s official Twitter account is @defichain and its Facebook page is accessible here. 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.

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 US dollars. Investors seeking to acquire DeFiChain should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy DeFiChain using one of the aforementioned exchanges.

DFI/USD price chart by TradingView