Decentralized Social (DESO) Trading 27.9% Lower Over Last 7 Days

Decentralized Social (DESO) traded down 6.8% against the U.S. dollar during the 1 day period ending at 11:00 AM E.T. on November 2nd. One Decentralized Social coin can now be bought for approximately $3.29 or 0.00004747 BTC on popular exchanges. During the last week, Decentralized Social has traded 27.9% lower against the U.S. dollar. Decentralized Social has a total market capitalization of $34.69 million and $647,430.62 worth of Decentralized Social was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed during 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 1.9% lower against the dollar and now trades at $69,309.45 or 0.99886971 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.9% lower against the dollar and now trades at $69,201.48 or 0.99731367 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Decentralized Social 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. The official message board for Decentralized Social is diamondapp.com/u/deso?. Decentralized Social’s official Twitter account is @desoprotocol. The official website for Decentralized Social is deso.com.

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 possible to buy alternative cryptocurrencies such as Decentralized Social directly using U.S. dollars. Investors seeking to acquire Decentralized Social should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Decentralized Social using one of the aforementioned exchanges.

DESO/USD price chart by TradingView