DeFiChain Trading Down 21.9% This Week (DFI)

DeFiChain (DFI) traded down 3.9% against the U.S. dollar during the one day period ending at 11:00 AM E.T. on October 1st. One DeFiChain coin can currently be purchased for $0.0168 or 0.00000027 BTC on major exchanges. During the last week, DeFiChain has traded down 21.9% against the U.S. dollar. DeFiChain has a market capitalization of $13.89 million and $544,893.89 worth of DeFiChain was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• 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 down 2.2% 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.
• 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.
• Lumi Credits (LUMI) traded up 8.9% 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.
• MVP Coin (MVP) traded up 4.1% against the dollar and now trades at $0.0493 or 0.00000079 BTC.
• P2P Solutions foundation (P2PS) traded down 4.2% against the dollar and now trades at $162.27 or 0.00260705 BTC.

DeFiChain Coin Profile

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 Twitter account is @defichain and its Facebook page is accessible here. DeFiChain’s official message board is blog.defichain.com. The Reddit community for DeFiChain is https://reddit.com/r/defiblockchain and the currency’s Github account can be viewed here. The official website for DeFiChain is 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.”

Buying and Selling DeFiChain

It is usually not possible to purchase alternative cryptocurrencies such as DeFiChain directly using U.S. dollars. Investors seeking to acquire DeFiChain should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase DeFiChain using one of the exchanges listed above.

DFI/USD price chart by TradingView