Diamond (DMD) Price Tops $0.54 on Major Exchanges

Diamond (CURRENCY:DMD) traded up 0.5% against the dollar during the 1 day period ending at 0:00 AM ET on August 18th. Diamond has a market capitalization of $1.79 million and approximately $501.00 worth of Diamond was traded on exchanges in the last day. One Diamond coin can now be purchased for $0.54 or 0.00005235 BTC on cryptocurrency exchanges including Bittrex, CryptoBridge and Livecoin. During the last seven days, Diamond has traded down 15.7% against the dollar.

Here’s how similar cryptocurrencies have performed during the last day:

  • Groestlcoin (GRS) traded up 2.3% against the dollar and now trades at $0.22 or 0.00002147 BTC.
  • MicroBitcoin (MBC) traded down 11.9% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Karma (KRM) traded flat against the dollar and now trades at $0.0004 or 0.00000004 BTC.
  • Riecoin (RIC) traded flat against the dollar and now trades at $0.0070 or 0.00000093 BTC.
  • FairGame (FAIR) traded up 0.4% against the dollar and now trades at $0.0046 or 0.00000044 BTC.

About Diamond

Diamond (DMD) is a PoW/PoS coin that uses the Groestl hashing algorithm. Its launch date was July 13th, 2013. Diamond’s total supply is 3,292,637 coins. Diamond’s official website is bit.diamonds. The Reddit community for Diamond is /r/dmd and the currency’s Github account can be viewed here. 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 bought or sold on the following cryptocurrency exchanges: CryptoBridge, Bittrex and Livecoin. It is usually not possible to purchase alternative cryptocurrencies such as Diamond directly using US dollars. Investors seeking to acquire Diamond should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Diamond using one of the aforementioned exchanges.

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