Decentralized Social Price Reaches $3.04 on Major Exchanges (DESO)

Decentralized Social (DESO) traded down 4.4% against the U.S. dollar during the 24-hour period ending at 7:00 AM ET on November 4th. Decentralized Social has a market cap of $32.06 million and approximately $529,553.91 worth of Decentralized Social was traded on exchanges in the last day. Over the last seven days, Decentralized Social has traded 25.5% lower against the U.S. dollar. One Decentralized Social coin can now be purchased for $3.04 or 0.00004419 BTC on major cryptocurrency exchanges.

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

• 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 2.2% lower 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 2.2% lower 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 up 0.7% against the dollar and now trades at $68,838.51 or 0.99937341 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0.4% against the dollar and now trades at $68,525.19 or 0.99482468 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Decentralized Social Profile

Decentralized Social’s genesis 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 Twitter account is @desoprotocol. Decentralized Social’s official website is deso.com. The Reddit community for Decentralized Social is https://reddit.com/r/deso and the currency’s Github account can be viewed here. The official message board for Decentralized Social is diamondapp.com/u/deso?.

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​.”

Buying and Selling Decentralized Social

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

DESO/USD price chart by TradingView