Diamond Price Tops $16.66 on Major Exchanges (DMD)

Diamond (CURRENCY:DMD) traded 13.2% higher against the dollar during the 1 day period ending at 20:00 PM Eastern on February 17th. One Diamond coin can currently be bought for about $16.66 or 0.00149888 BTC on cryptocurrency exchanges including Bittrex, Livecoin and CoinsMarkets. Diamond has a total market cap of $44.21 million and approximately $60,131.00 worth of Diamond was traded on exchanges in the last day. In the last week, Diamond has traded 32% higher against the dollar.

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

  • Dash (DASH) traded 5.6% higher against the dollar and now trades at $743.08 or 0.06683650 BTC.
  • Stratis (STRAT) traded up 0.6% against the dollar and now trades at $9.69 or 0.00087118 BTC.
  • Decred (DCR) traded up 6.3% against the dollar and now trades at $96.70 or 0.00869786 BTC.
  • Aeternity (AE) traded up 2.8% against the dollar and now trades at $2.69 or 0.00024208 BTC.
  • Hshare (HSR) traded 0% lower against the dollar and now trades at $13.32 or 0.00119834 BTC.
  • PIVX (PIVX) traded up 0.3% against the dollar and now trades at $6.61 or 0.00059422 BTC.
  • ReddCoin (RDD) traded 6.8% higher against the dollar and now trades at $0.0083 or 0.00000075 BTC.
  • Blocknet (BLOCK) traded up 11.5% against the dollar and now trades at $43.86 or 0.00394505 BTC.
  • Experience Points (XP) traded 5.8% higher against the dollar and now trades at $0.0009 or 0.00000008 BTC.
  • Emercoin (EMC) traded 5.6% higher against the dollar and now trades at $4.42 or 0.00039752 BTC.

Diamond Coin Profile

Diamond (DMD) is a PoW/PoS coin that uses the Groestl hashing algorithm. Its genesis date was July 13th, 2013. Diamond’s total supply is 2,652,921 coins. 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, “Diamond (DMD) combines the best from Bitcoin/Litecoin/Novacoin/Luckycoin/Florincoin, it uses both Proof of Work and Proof of Stake. This provides a excellent resistence to 51% attack. It also combines the random block feature from Luckycoin, making it the first coin in PoW/PoS category to use random blocks. This coin has very low transaction fees. It provides steady coin supply at 1 diamond per block for 8 years. It's SCARCE There will be only 4,38 million Diamonds created over the course of many decades, making this one of the most scarce electronic commodities. It's VALUABLE The moment you acquire Diamond it becomes an interest bearing asset with 50% return per year. The interest will be successively reduced over the coming years. It's SECURE Security lies at the core of Diamond. This means that transactions cannot be forged or altered while gaining an access to your account is practically impossible. It's BRAND Diamond is the brand you can trust. It is not only ideal for promoting your own business, but also a tool that can be utilised to engage your customers, taking your enterprise into another level. It's FAST Diamond network has been designed to be excellent for quick money transfers. Under one minute block times ensure unparalleled speed to conventional remittance and payment systems. It's ECOLOGICAL Proof-of-Stake approach not only dramatically reduces carbon footprint but also dramatically lowers electricity consumption making it environmentally friendly. “

Diamond Coin Trading

Diamond can be bought or sold on the following cryptocurrency exchanges: CoinsMarkets, Bittrex and Livecoin. It is not possible to purchase Diamond directly using U.S. dollars. Investors seeking to trade Diamond must first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Diamond using one of the exchanges listed above.

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