Decentralized Social Reaches Self Reported Market Capitalization of $67.51 Million (DESO)

Decentralized Social (DESO) traded down 1.6% against the U.S. dollar during the 24-hour period ending at 17:00 PM ET on September 17th. One Decentralized Social coin can currently be bought for approximately $6.41 or 0.00010662 BTC on major exchanges. Decentralized Social has a total market capitalization of $67.51 million and approximately $553,128.35 worth of Decentralized Social was traded on exchanges in the last day. In the last week, Decentralized Social has traded down 0% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed in 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 2.2% lower 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.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded up 16.5% against the dollar and now trades at $0.0497 or 0.00000083 BTC.
• 2G Carbon Coin (2GCC) traded down 0.4% against the dollar and now trades at $0.0480 or 0.00000183 BTC.

Decentralized Social Coin Profile

Decentralized Social was first traded on March 1st, 2021. Decentralized Social’s total supply is 10,808,492 coins and its circulating supply is 10,532,253 coins. The Reddit community for Decentralized Social is https://reddit.com/r/deso and the currency’s Github account can be viewed here. Decentralized Social’s official website is deso.com. Decentralized Social’s official Twitter account is @desoprotocol. 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​.”

Decentralized Social Coin Trading

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

DESO/USD price chart by TradingView