DigixDAO (DGD) Reaches Market Capitalization of $46.28 Million

DigixDAO (CURRENCY:DGD) traded 3.3% lower against the dollar during the 1-day period ending at 19:00 PM ET on September 28th. DigixDAO has a market capitalization of $46.28 million and approximately $12,357.00 worth of DigixDAO was traded on exchanges in the last 24 hours. In the last seven days, DigixDAO has traded up 2.4% against the dollar. One DigixDAO coin can currently be bought for approximately $554.46 or 0.01324634 BTC on popular cryptocurrency exchanges.

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

  • Solana (SOL) traded 6.8% lower against the dollar and now trades at $132.10 or 0.00315590 BTC.
  • Binance USD (BUSD) traded down 0% against the dollar and now trades at $1.00 or 0.00002389 BTC.
  • Chainlink (LINK) traded down 2.6% against the dollar and now trades at $22.69 or 0.00054210 BTC.
  • Polygon (MATIC) traded down 3.5% against the dollar and now trades at $1.10 or 0.00002575 BTC.
  • Polygon (MATIC) traded down 2.6% against the dollar and now trades at $1.07 or 0.00002549 BTC.
  • DREP (DREP) traded down 21% against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded down 19.5% against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • Dai (DAI) traded down 0% against the dollar and now trades at $1.00 or 0.00002388 BTC.
  • FTX Token (FTT) traded down 5.4% against the dollar and now trades at $49.72 or 0.00118779 BTC.
  • THETA (THETA) traded 3.3% lower against the dollar and now trades at $4.80 or 0.00011474 BTC.

DigixDAO Profile

DigixDAO (DGD) is a N/A coin that uses the ETH Token hashing algorithm. It was first traded on April 28th, 2016. DigixDAO’s total supply is 83,478 coins. The Reddit community for DigixDAO is /r/digix and the currency’s Github account can be viewed here. DigixDAO’s official website is digix.global/dgd. The official message board for DigixDAO is medium.com/@digix. DigixDAO’s official Twitter account is @DigixGlobal and its Facebook page is accessible here.

According to CryptoCompare, “Digix is an asset tokenization platform that puts gold asset ownership on the blockchain, making digital gold transferrable. Digix' ecosystem is powered by two native tokens: DGX and DGD. DGX is an ERC20 security token which democratizes access to gold. DGX represents physical gold where 1 DGX represents 1 gram of gold. The DGD token gives users the right to profits in the trading of DGX tokens which own the right to gold stored in a vault in Singapore. So if people trade 20 gold bars per day – the DGD token holders will have the profits of the commission from those trades distributed equally amongst themselves. DigixDAO’s Dissolution: Following the casting of votes by our community of DGD holders, the majority of DGD holders have voted for a dissolution of DigixDAO and to burn the remaining DGD in circulation, returning prorated amounts of ETH to token holders according to their DGD holdings. Read all about it here. “

DigixDAO Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as DigixDAO directly using U.S. dollars. Investors seeking to acquire DigixDAO should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase DigixDAO using one of the exchanges listed above.

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