Diamond DMD Coin Analysis and Markets in 2020

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Last modified on 11. October 2020

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Quick Facts

Diamond is a medium-sized cryptocurrency. In early October 2020, it had a market capitalization of over US$ 2.1 million, accounting for less than 0.01 percent of the market for crypto assets.¹^|2 DMD is its ticker symbol.

The same symbol is furthermore shared with DMD.

Diamond was launched by the user popshot at bitcointalk.org on 22 April 2014. coinmarketcap.com began the logging of real-time trading data in January 2014.

http://bit.diamonds

Quarterly Averages

This section presents the quarterly averages (trimester) for trading volume, market capitalization and trading price for 2017, 2018, 2019 and 2020.

Trading Volume & Market Capitalization

For example, the average trading volume of Diamond during the first trimester of 2019 was nearly US$ 5,000 per day. This figure came to nearly US$ 269 k during the same time frame the year before. In other words, the previous/prior volume growth has almost entirely receded.

The average market capitalization during the first trimester of 2019 was nearly US$ 2.9 m. This figure came to over US$ 40.1 m during the same period the year before. The corresponding drop down in market capitalization equated to 92.9 percent.

Trading Price

In the first trimester of 2019, the average trading price equated to nearly one. In the same period of 2018, this figure came to nearly US$ 16.7. The corresponding downward price retracement equated to 94.3 percent.

The all-time high of Diamond in 2018

Diamond DMD Price analysis generated by coindashboards.com — Price analysis for the most important moments in Diamond’s trading history (DMD)

The price of the Diamond currency climbed to a high in January 2018 at exactly US$ 42.4. The equivalent market capitalization of the coin reached over US$ 81 million. This put Diamond in the ballpark of certain other digital currencies, such as Etherparty, district0x, Shift, Ambrosus and Unikoin Gold, among others.

Diamonds all-time high compared to Bitcoin and the most renowned companies worldwide

Bitcoin, by far the largest cryptocurrency at the time, had a market capitalization of US$ 251 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 876 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 102 billion.

Diamond (DMD): 0.081 bn US dollars
Bitcoin (BTC): 251 bn US dollars
Apple (AAPL): 876 bn US dollars
VW (VWAGY): 102 bn US dollars
Date: 2 January 2018

March 2019: an interesting date following the big cryptocurrency crash

On 1 March 2019, the price of Diamond stood at over US$ 0.82 with a market capitalization of over US$ 2.3 million. A decline down to approximately 1.9 percent compared with the highest trading price stated above.

Bitcoin dropped down to approximately 19.5 and Ethereum to about 9.7 percent of their all-time-high trading prices around that time.

More Details

The Diamond-Coin is a native coin and is created via mining. It has an upper limit of nearly 4.4 million coins. Those interested in the source code should also take a look at the GitHub page.

Diamond transactions currently in progress can be tracked using this block explorer, which also displays block height and other real-time metrics.

To delve deeper into the world of Diamond, download the white paper or find more links to community forums, source code and social media channels, visit http://bit.diamonds.

Markets

Diamond DMD Market analysis generated by coindashboards.com — Markets on which Diamond (DMD) can be traded

BTC

The trading platforms for buying or selling Diamond in BTC are ExMarkets, Livecoin and Crex24.

Social Links

You can contact the Diamond team directly by going to the following social media channels:

^{1. Or 0.0014 percent, if omitting Bitcoin.}

^{2. Read about our sources}