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DMD/USD: Convert Diamond (DMD) to United States Dollar (USD)

1 Diamond equals $3.66 United States Dollar

Diamond (DMD) is not tradable on Coinbase.

Data is sourced from CoinMarketCap and other third parties. We make no representation on the accuracy of the data provided. Learn more

Last update: 8:00 PM, July 16, 2024

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Overview

About Diamond (DMD)

Diamond (DMD) is a unique cryptocurrency that aims to provide a decentralized, secure, and efficient digital asset platform. Established in 2013, DMD is a community-driven project that has undergone several significant upgrades to adapt to the evolving technology and market conditions. The latest upgrade, DMDv4, is a layer-1 blockchain that implements a cooperative HBBFT consensus with a delegated PoS election validation mechanism. This allows DMD to offer features such as true decentralization, robust security, low transaction fees, high throughput, and on-chain governance. With a finite maximum supply of 4.38 million coins, DMD is three times scarcer than Bitcoin, making it a unique player in the cryptocurrency space.

DMD operates on a cooperative HBBFT consensus mechanism supplemented by a delegated Proof-of-Stake (PoS) based validator election. This unique combination allows DMD to offer fast transaction times, low fees, and a low carbon footprint. The DMD coin maintains its original fixed-issuance coin emission model, making it five times more scarce than Bitcoin. DMDv4 also implements a sustainable endless coin reward mechanism for consensus nodes and dPoS stakers, while maintaining a coin maximum. This mechanism reinserts unclaimed and abandoned coins into circulation after a certain period, ensuring the long-term growth of the network.

DMD aims to enable people to achieve financial freedom and independence by creating a platform that provides a safe, affordable, and rewarding smart contract powered blockchain economy. With its high transaction speed, low fees, and full interoperability with Ethereum, DMD is an appealing environment for developing decentralized applications (dApps). It also allows for easy migration of fee-intense parts or whole DeFi protocols, decentralized exchanges, or similar projects to run partly or as a whole on DMD Diamond blockchain. Furthermore, DMD's smart contract functionality and compatibility with Ethereum EVM make it easy to port smart contracts written for Ethereum to DMD.

DMD Diamond was created in mid-2013 during a surge of new coin creation, based on forks of Bitcoin. Despite the initial enthusiasm for the coin, the original creator of DMD disappeared several months after its creation. However, a small community convened and a team of developers and enthusiasts got together to maintain and evolve the coin. Over the years, DMD has undergone several significant changes in its architecture to adapt to the constantly changing and evolving technology and market conditions. The latest upgrade, DMDv4, is designed to solve the greatest industry challenges by combining the best of Ethereum, Bitcoin, and other worlds.

How Diamond (DMD) and United States Dollar (USD) differ

Diamond (DMD) and the US Dollar (USD) are two distinct forms of currency, each with their own unique characteristics. DMD is a digital asset that operates on a cooperative HBBFT consensus mechanism supplemented by a delegated Proof-of-Stake (PoS) based validator election. This unique combination allows DMD to offer fast transaction times, low fees, and a low carbon footprint. On the other hand, the USD is a traditional fiat currency, controlled by the Federal Reserve, and its value is influenced by various economic factors such as inflation, interest rates, and government debt. Unlike DMD, which has a finite maximum supply of 4.38 million coins, the supply of USD is not capped and can be increased or decreased by the Federal Reserve. Furthermore, DMD aims to enable people to achieve financial freedom and independence by creating a platform that provides a safe, affordable, and rewarding smart contract powered blockchain economy. In contrast, the USD is used for a wide range of transactions, from buying a cup of coffee to international trade deals, but does not offer the same level of decentralization or blockchain-based benefits as DMD.

Diamond Markets

Diamond is climbing this week.

The current price of Diamond is $3.66 per DMD. With a circulating supply of 3,821,692.838 DMD, it means that Diamond has a total market cap of $13,970,919.12. The amount of Diamond traded has risen by $188,752.03 in the last 24 hours, which is a 170.53% increase. Additionally, in the last day, $110,684.28 worth of DMD has been traded.

Market cap

$14.0M

Volume (24h)

$110,684.28

Circulating supply

3.8M DMD

FAQ

How much is 1 Diamond in USD?

Right now, 1 Diamond is worth about $3.66.

How much DMD could I buy for 1 USD?

Based on the current rate, you could get 0.27 DMD for 1 USD.

How much has the price of Diamond changed?

Diamond price has been on the rise. Since yesterday, the exchange rate of Diamond has increased. Since last month, the exchange rate of Diamond has increased. Since this time last year, the price of Diamond has decreased.

How do I calculate or convert DMD to USD?

You can use our DMD to USD calculator at the top of this page to convert any amount of DMD to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 1.37 DMD. Inversely, 5 DMD will cost about 18.28 USD.

How can I buy 1 Diamond on Coinbase?

Diamond is not currently available through Coinbase, but you can sign up to get the latest news on Diamond and be notified when it is available.

What are assets similar to Diamond that I can buy?

There are a number of crypto assets that have the a similar or comparable market cap to Diamond, including Only1, Fusion, and Newscrypto. For a more robust list of assets to explore, jump to the asset page dedicated to Diamond.

Conversion tables

The exchange rate of Diamond is increasing.

The current value of 1 DMD is $3.66 USD. In other words, to buy 5 Diamond, it would cost you $18.28 USD. Inversely, $1.00 USD would allow you to trade for 0.27 DMD while $50.00 USD would convert to 13.68 DMD, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 38.9%. Meanwhile, in the last 24 hours, the rate has changed by 16.15%, which means that the the highest exchange rate of 1 DMD to United States Dollar was 3.6601909600741105 USD and the lowest 24 hour value was 1 DMD for 3.127923576431601 USD. This time last month, the value of 1 DMD was $2.98 USD, which is a 22.65% increase from where it is now. Looking back a year, Diamond has changed by $0.04 USD. That means that in a single year, the value of Diamond has shrank by 1.07%.

DMD to USD

Amount
Today at 8:00 pm
0.5 DMD
$1.83
1 DMD
$3.66
5 DMD
$18.28
10 DMD
$36.56
50 DMD
$182.78
100 DMD
$365.57
500 DMD
$1,827.84
1,000 DMD
$3,655.69

USD to DMD

Amount
Today at 8:00 pm
0.5 USD
0.14 DMD
1 USD
0.27 DMD
5 USD
1.37 DMD
10 USD
2.74 DMD
50 USD
13.68 DMD
100 USD
27.35 DMD
500 USD
136.77 DMD
1,000 USD
273.55 DMD

Today vs. 24 hours ago

Amount
Today at 8:00 pm
24 hours ago
24H Change
0.5 DMD
$1.83
$1.57
+16.15%
1 DMD
$3.66
$3.15
+16.15%
5 DMD
$18.28
$15.74
+16.15%
10 DMD
$36.56
$31.47
+16.15%
50 DMD
$182.78
$157.36
+16.15%
100 DMD
$365.57
$314.73
+16.15%
500 DMD
$1,827.84
$1,573.63
+16.15%
1,000 DMD
$3,655.69
$3,147.27
+16.15%

Today vs. 1 month ago

Amount
Today at 8:00 pm
1 months ago
1M Change
0.5 DMD
$1.83
$1.49
+22.65%
1 DMD
$3.66
$2.98
+22.65%
5 DMD
$18.28
$14.90
+22.65%
10 DMD
$36.56
$29.81
+22.65%
50 DMD
$182.78
$149.03
+22.65%
100 DMD
$365.57
$298.05
+22.65%
500 DMD
$1,827.84
$1,490.26
+22.65%
1,000 DMD
$3,655.69
$2,980.52
+22.65%

Today vs. 1 year ago

Amount
Today at 8:00 pm
1 year ago
1Y Change
0.5 DMD
$1.83
$1.85
-1.07%
1 DMD
$3.66
$3.70
-1.07%
5 DMD
$18.28
$18.48
-1.07%
10 DMD
$36.56
$36.95
-1.07%
50 DMD
$182.78
$184.76
-1.07%
100 DMD
$365.57
$369.52
-1.07%
500 DMD
$1,827.84
$1,847.58
-1.07%
1,000 DMD
$3,655.69
$3,695.15
-1.07%

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