Diamond (DMD) Trading 22.5% Lower This Week

Diamond (CURRENCY:DMD) traded up 9.2% against the U.S. dollar during the 24 hour period ending at 15:00 PM ET on November 26th. Diamond has a total market capitalization of $3.20 million and approximately $4,200.00 worth of Diamond was traded on exchanges in the last 24 hours. One Diamond coin can currently be bought for approximately $1.06 or 0.00027797 BTC on major cryptocurrency exchanges including Bittrex, CryptoBridge and Livecoin. In the last week, Diamond has traded 22.5% lower against the U.S. dollar.

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

  • Groestlcoin (GRS) traded 1.4% higher against the dollar and now trades at $0.25 or 0.00006621 BTC.
  • Karma (KRM) traded up 1.8% against the dollar and now trades at $0.0012 or 0.00000032 BTC.
  • Riecoin (RIC) traded flat against the dollar and now trades at $0.0070 or 0.00000093 BTC.
  • FairGame (FAIR) traded 10.1% lower against the dollar and now trades at $0.0023 or 0.00000061 BTC.
  • MicroBitcoin (MBC) traded 10.6% lower against the dollar and now trades at $0.0001 or 0.00000003 BTC.

Diamond Coin Profile

Diamond (DMD) is a PoW/PoS coin that uses the Groestl hashing algorithm. Its launch date was July 13th, 2013. Diamond’s total supply is 3,028,228 coins. Diamond’s official Twitter account is @dmdcoin and its Facebook page is accessible here. The Reddit community for Diamond is /r/dmd and the currency’s Github account can be viewed here. Diamond’s official website is bit.diamonds.

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 traded on the following cryptocurrency exchanges: Bittrex, Livecoin and CryptoBridge. It is usually not possible to buy alternative cryptocurrencies such as Diamond directly using US dollars. Investors seeking to trade Diamond should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Diamond using one of the exchanges listed above.

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