DeFiChain (DFI) Trading 7% Lower Over Last Week

DeFiChain (DFI) traded 1.6% lower against the U.S. dollar during the 24 hour period ending at 11:00 AM ET on February 10th. One DeFiChain coin can currently be purchased for about $0.0118 or 0.00000012 BTC on major cryptocurrency exchanges. DeFiChain has a market capitalization of $9.82 million and approximately $932,890.65 worth of DeFiChain was traded on exchanges in the last 24 hours. Over the last week, DeFiChain has traded down 7% against the U.S. dollar.

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

• GMX (GMX) traded 5.1% higher against the dollar and now trades at $24.17 or 0.00024879 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded up 1% against the dollar and now trades at $97,070.49 or 0.99912169 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 6.3% against the dollar and now trades at $93,818.18 or 0.96564642 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

DeFiChain Profile

DeFiChain’s launch date was 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. The Reddit community for DeFiChain is https://reddit.com/r/defiblockchain and the currency’s Github account can be viewed here. The official message board for DeFiChain is blog.defichain.com. 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 currently possible to buy alternative cryptocurrencies such as DeFiChain directly using US dollars. Investors seeking to acquire DeFiChain should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy DeFiChain using one of the exchanges listed above.

DFI/USD price chart by TradingView