Diamond Price Reaches $0.30 on Exchanges (DMD)

Diamond (CURRENCY:DMD) traded 1.7% lower against the US dollar during the 1 day period ending at 8:00 AM E.T. on December 12th. One Diamond coin can currently be purchased for $0.30 or 0.00004112 BTC on major exchanges including Bittrex, CryptoBridge and Livecoin. Diamond has a market capitalization of $1.01 million and approximately $237.00 worth of Diamond was traded on exchanges in the last 24 hours. In the last week, Diamond has traded 1.2% higher against the US dollar.

Here’s how related cryptocurrencies have performed in the last 24 hours:

  • MicroBitcoin (MBC) traded 15.6% lower against the dollar and now trades at $0.0001 or 0.00000001 BTC.
  • Groestlcoin (GRS) traded 4.7% lower against the dollar and now trades at $0.18 or 0.00002479 BTC.
  • KARMA (KARMA) traded 0.6% higher against the dollar and now trades at $0.0001 or 0.00000001 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.

About Diamond

DMD is a PoW/PoS coin that uses the Groestl hashing algorithm. Its genesis date was July 13th, 2013. Diamond’s total supply is 3,380,716 coins. Diamond’s official website is bit.diamonds. The Reddit community for Diamond is /r/dmd and the currency’s Github account can be viewed here. Diamond’s official Twitter account is @dmdcoin and its Facebook page is accessible 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 these cryptocurrency exchanges: Livecoin, CryptoBridge and Bittrex. 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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Diamond using one of the aforementioned exchanges.

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