DigixDAO (DGD) Market Capitalization Achieves $15.70 Million

DigixDAO (DGD) traded up 83.4% against the dollar during the twenty-four hour period ending at 20:00 PM Eastern on August 17th. In the last seven days, DigixDAO has traded up 45.3% against the dollar. DigixDAO has a total market cap of $15.70 million and approximately $15.00 worth of DigixDAO was traded on exchanges in the last day. One DigixDAO coin can now be purchased for about $212.46 or 0.00908324 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed in the last day:

  • BITCOIN ADDITIONAL (BTCA) traded 2.4% lower against the dollar and now trades at $23,389.88 or 1.00000000 BTC.
  • Binance USD (BUSD) traded 0% higher against the dollar and now trades at $1.00 or 0.00004276 BTC.
  • Solana (SOL) traded down 6.3% against the dollar and now trades at $40.54 or 0.00173305 BTC.
  • Crypto.com Coin (CRO) traded 5% higher against the dollar and now trades at $0.41 or 0.00001075 BTC.
  • Dai (DAI) traded 0% lower against the dollar and now trades at $1.00 or 0.00004273 BTC.
  • Polygon (MATIC) traded 5.9% lower against the dollar and now trades at $0.89 or 0.00003784 BTC.
  • Mammoth (MMT) traded 0.5% higher against the dollar and now trades at $1.01 or 0.00004319 BTC.
  • yOUcash (YOUC) traded 0% lower against the dollar and now trades at $0.51 or 0.00002186 BTC.
  • FTX Token (FTT) traded 2.2% lower against the dollar and now trades at $30.12 or 0.00128779 BTC.
  • Chainlink (LINK) traded down 5.4% against the dollar and now trades at $8.05 or 0.00034434 BTC.

About DigixDAO

DigixDAO (DGD) is a N/A coin that uses the ETH Token hashing algorithm. Its genesis date was April 28th, 2016. DigixDAO’s total supply is 73,910 coins. DigixDAO’s official website is digix.global/dgd. DigixDAO’s official message board is medium.com/@digix. DigixDAO’s official Twitter account is @DigixGlobal and its Facebook page is accessible here. The Reddit community for DigixDAO is /r/digix and the currency’s Github account can be viewed here.

According to CryptoCompare, “Digix is an asset tokenization platform that puts gold asset ownership on the blockchain, making digital gold transferrable. Digix' ecosystem is powered by two native tokens: DGX and DGD. DGX is an ERC20 security token which democratizes access to gold. DGX represents physical gold where 1 DGX represents 1 gram of gold. The DGD token gives users the right to profits in the trading of DGX tokens which own the right to gold stored in a vault in Singapore. So if people trade 20 gold bars per day – the DGD token holders will have the profits of the commission from those trades distributed equally amongst themselves. DigixDAO’s Dissolution: Following the casting of votes by our community of DGD holders, the majority of DGD holders have voted for a dissolution of DigixDAO and to burn the remaining DGD in circulation, returning prorated amounts of ETH to token holders according to their DGD holdings. Read all about it here. “

Buying and Selling DigixDAO

It is usually not presently possible to buy alternative cryptocurrencies such as DigixDAO directly using US dollars. Investors seeking to acquire DigixDAO should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy DigixDAO using one of the aforementioned exchanges.

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