DigixDAO Reaches Market Capitalization of $689.88 Million (DGD)

DigixDAO (CURRENCY:DGD) traded 3.7% lower against the U.S. dollar during the 1-day period ending at 17:00 PM ET on March 23rd. DigixDAO has a total market cap of $689.88 million and $23.40 million worth of DigixDAO was traded on exchanges in the last 24 hours. In the last seven days, DigixDAO has traded 15.1% lower against the U.S. dollar. One DigixDAO token can currently be purchased for about $344.94 or 0.03988740 BTC on exchanges including OKEx, HitBTC, BigONE and Gate.io.

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

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  • Ripple (XRP) traded down 2.4% against the dollar and now trades at $0.64 or 0.00007393 BTC.
  • NEO (NEO) traded down 2.9% against the dollar and now trades at $67.02 or 0.00775021 BTC.
  • Stellar (XLM) traded down 2.5% against the dollar and now trades at $0.23 or 0.00002693 BTC.
  • IOTA (MIOTA) traded down 0.9% against the dollar and now trades at $1.30 or 0.00015038 BTC.
  • TRON (TRX) traded up 11.1% against the dollar and now trades at $0.0400 or 0.00000462 BTC.
  • Tether (USDT) traded up 0.1% against the dollar and now trades at $1.00 or 0.00011579 BTC.
  • VeChain (VEN) traded down 3.9% against the dollar and now trades at $3.30 or 0.00038115 BTC.
  • ICON (ICX) traded up 12.5% against the dollar and now trades at $3.87 or 0.00044760 BTC.
  • Binance Coin (BNB) traded up 16.7% against the dollar and now trades at $11.61 or 0.00134234 BTC.
  • OmiseGO (OMG) traded down 1.3% against the dollar and now trades at $11.12 or 0.00128595 BTC.

DigixDAO Token Profile

DigixDAO (DGD) uses the hashing algorithm. DigixDAO’s total supply is 2,000,000 tokens. The Reddit community for DigixDAO is /r/digix and the currency’s Github account can be viewed here. DigixDAO’s official message board is medium.com/@digix. DigixDAO’s official website is digix.io. DigixDAO’s official Twitter account is @DigixGlobal.

According to CryptoCompare, “Digix DAO is a new form of cryptographic asset in that it is a Decentralised Autonomous Organisation or DAO for short. DAO are basically Companies written in code that are there to perform a set of functions with holders of the tokens voting in relation to the number of tokens they hold.  The Digix DAO gives users the right to profits in the trading of Digix tokens (DGX) which own the right to gold stored in vault in Singapore. So if people trade 20 gold bars per day – the Digix DAO token holders will have the profits of the commission from those trades distributed equally amongst themselves.  “

Buying and Selling DigixDAO

DigixDAO can be traded on the following cryptocurrency exchanges: Gate.io, Huobi, Bittrex, HitBTC, BigONE, Liqui, EtherDelta, OKEx, Binance and IDEX. It is not currently possible to purchase DigixDAO directly using US dollars. Investors seeking to acquire DigixDAO must first purchase 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 purchase DigixDAO using one of the aforementioned exchanges.

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