Decentralized Social One Day Volume Tops $878,137.44 (DESO)

Decentralized Social (DESO) traded 2% higher against the dollar during the 24-hour period ending at 17:00 PM Eastern on October 29th. One Decentralized Social coin can currently be bought for $3.96 or 0.00005468 BTC on major exchanges. Over the last week, Decentralized Social has traded 35.1% lower against the dollar. Decentralized Social has a market cap of $41.72 million and $878,137.44 worth of Decentralized Social was traded on exchanges in the last day.

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

• Aidi Finance (BSC) (AIDI) traded down 2.2% 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 down 2.2% 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.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 3.9% higher against the dollar and now trades at $72,117.32 or 0.99557228 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 3.9% against the dollar and now trades at $71,923.85 or 0.99290144 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Decentralized Social Coin Profile

Decentralized Social’s launch date was March 1st, 2021. Decentralized Social’s total supply is 10,808,492 coins and its circulating supply is 10,532,253 coins. Decentralized Social’s official message board is diamondapp.com/u/deso?. Decentralized Social’s official website is deso.com. Decentralized Social’s official Twitter account is @desoprotocol. The Reddit community for Decentralized Social is https://reddit.com/r/deso and the currency’s Github account can be viewed here.

According to CryptoCompare, “Decentralized Social (DESO) is a blockchain-based platform intended for the creation and operation of decentralised social media applications. It addresses issues linked with centralised platforms, such as data privacy, content censorship, and monetisation. Users retain control over their data, enhancing privacy and reducing exploitation risks. Content creators can monetise their work through mechanisms like NFTs, tips, and subscriptions, bypassing intermediaries. By decentralising content storage and distribution, DESO seeks to lessen censorship and support free expression. Additionally, DESO is designed to manage high volumes of transactions and data, making it appropriate for high-traffic social applications. Nader Al-Naji founded DESO, which combines the open financial system features of cryptocurrencies with a scalable database infrastructure​.”

Decentralized Social Coin Trading

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

DESO/USD price chart by TradingView