DigixDAO (DGD) Price Raised Despite Crypto Market Slump

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DigixDAO (DGD): The crypto market has a huge fall these days. Despite the fall, DigixDAO has a good rate as it is raised by more than 12% today. DigixDAO uses the hashing algorithm. DigixDAO’s total supply is 2,000,000 tokens. The current price of DigixDAO is $366.15 USD. The reason for the hike in its price while there is a great slump in other cryptocurrencies is not clearly known.

Digix DAO is a new form of cryptographic asset in that it is a Decentralised Autonomous Organisation or DAO for short. DAO is basically Companies written in code that are there to perform a set of functions with holders of the tokens voting in relation to the number of tokens they hold. The Digix DAO gives users the right to profits in the trading of Digix tokens (DGD) which own the right to gold stored in the vault in Singapore. The price of DigixDAO can be checked on the following link DigixDAO (DGD) Live Chart.

DigixDAO (DGD)

Where to Trade DigixDAO (DGD)?

DigixDAO can be traded on the cryptocurrency exchange sites such as Huobi, Liqui, HitBTC, Binance, Bittrex, Gate.io, IDEX, EtherDelta, BigONE, and OKEx. It is not possible to buy DigixDAO directly using U.S. dollars. Investors seeking to trade DigixDAO must first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly.

Investors can then use their newly-acquired Bitcoin or Ethereum to buy DigixDAO in any of the exchange sites. DigixDAO is ranked 26th in the coin market cap website. Among many top coins, DigixDAO is the only coins which shows increase in its price.

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