DeFiChain Market Cap Reaches $54.16 Million (DFI)

DeFiChain (DFI) traded 0.8% higher against the U.S. dollar during the twenty-four hour period ending at 21:00 PM ET on May 5th. Over the last week, DeFiChain has traded 8.7% lower against the U.S. dollar. One DeFiChain coin can now be bought for about $0.0618 or 0.00000096 BTC on major cryptocurrency exchanges. DeFiChain has a market capitalization of $54.16 million and approximately $2.87 million worth of DeFiChain was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded up 1.6% against the dollar and now trades at $0.30 or 0.00000474 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher 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.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 0.1% higher against the dollar and now trades at $0.0100 or 0.00000016 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

DeFiChain Profile

DeFiChain launched on May 11th, 2020. DeFiChain’s total supply is 1,132,958,326 coins and its circulating supply is 876,021,148 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.”

DeFiChain Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as DeFiChain directly using U.S. dollars. Investors seeking to trade DeFiChain should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. 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