Diamond Price Tops $0.30 on Exchanges (DMD)

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Diamond (CURRENCY:DMD) traded 2.8% higher against the US dollar during the 1 day period ending at 21:00 PM ET on December 14th. Diamond has a total market capitalization of $1.00 million and $4,492.00 worth of Diamond was traded on exchanges in the last day. One Diamond coin can currently be purchased for approximately $0.30 or 0.00004181 BTC on exchanges including Bittrex, CryptoBridge and Livecoin. Over the last week, Diamond has traded down 9.6% against the US dollar.

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

  • Groestlcoin (GRS) traded down 9.8% against the dollar and now trades at $0.18 or 0.00002482 BTC.
  • MicroBitcoin (MBC) traded down 1.5% against the dollar and now trades at $0.0001 or 0.00000001 BTC.
  • KARMA (KARMA) traded 4.3% lower against the dollar and now trades at $0.0001 or 0.00000001 BTC.
  • Riecoin (RIC) traded flat against the dollar and now trades at $0.0070 or 0.00000093 BTC.
  • FairGame (FAIR) traded 6.9% lower against the dollar and now trades at $0.0043 or 0.00000043 BTC.

About Diamond

Diamond (CRYPTO:DMD) is a PoW/PoS coin that uses the Groestl hashing algorithm. Its launch date was July 13th, 2013. Diamond’s total supply is 3,382,498 coins. The Reddit community for Diamond is /r/dmd and the currency’s Github account can be viewed here. The official website for Diamond is bit.diamonds. Diamond’s official Twitter account is @dmdcoin and its Facebook page is accessible here.

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 these cryptocurrency exchanges: CryptoBridge, Livecoin and Bittrex. It is usually not presently 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 Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Diamond using one of the aforementioned exchanges.

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