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DIMO

DIMO

Explore DIMO

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Past performance is not a reliable indicator of future results. Learn more about asset risks.

Investment Risk

Baseline risk

All crypto-assets are risky, regardless of the type of token you hold. Here are some ‘baseline’ risks to be aware of before deciding to invest.

Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.

Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.

Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.

Don’t put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.

About DIMO

DIMO is the utility token of ‘Digital Infrastructure for Moving Objects’, a platform that aims to revolutionize the vehicle data market. Through the use of hardware devices, vehicle owners can collect and monetize their data by selling it directly to data consumers. DIMO tokens are paid to data providers and also function as the platform’s governance token.

DIMO, short for Digital Infrastructure for Moving Objects, is a cryptocurrency that aims to enhance the way vehicle owners interact with their cars. It provides a platform for users to collect, use, and monetize data from their vehicles. Built with open-source components, DIMO aims to increase privacy in IoT networks, thereby fostering trust among users and developers. It operates on the Ethereum Virtual Machine, using blockchain technology, cryptography, and real-world hardware to establish a blockchain-based identity for users, vehicles, and more.

DIMO operates by using licensed hardware devices and approved software APIs to cryptographically attach telemetry data to vehicles and trips. It allows companies to issue verifiable credentials or other blockchain-based identity primitives to users, vehicles, or trips, providing a claim. Users have the ability to self-custody their data and choose which data they want to share and with whom. Furthermore, app developers and data consumers can acquire a license to advance new technologies, build improved versions of existing businesses, and create entirely new app categories.

DIMO has potential use cases. It allows vehicle owners to get more out of their cars by collecting, using, and monetizing the data from their vehicles. Developers and data consumers can build apps and services on this open platform. Companies can issue verifiable credentials or other blockchain-based identity primitives to users, vehicles, or trips, making a claim. Users can self-custody their data and choose which bits of data they want to share with whom on a case-by-case basis.

The history of DIMO is rooted in the desire to improve the way vehicle owners interact with their cars. The platform was built with open-source components to aim for increased transparency, privacy, and reliability in IoT networks. It uses the Ethereum Virtual Machine, cryptography, open-source software, and real-world hardware to establish a blockchain-based identity for users, vehicles, trips, and more. Over time, DIMO has grown to allow companies to issue verifiable credentials or other blockchain-based identity primitives to users, vehicles, or trips, providing a claim. It has also given users the ability to self-custody their data and choose which data they want to share and with whom.

Market

United Kingdom Market Stats

Market cap

£47.3M

Volume (24h)

£971,640.91

Circulating supply

219.5M DIMO

Typical hold time

22 days

Popularity

#546

All time high

£0.67

Price change (1h)

-2.31%

Price change (24h)

+5.81%

Price change (7d)

-6.18%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

Related Assets

DIMO is on the decline this week.

The price of DIMO has decreased by 2.31% in the last hour and increased by 5.81% in the past 24 hours. DIMO’s price has also fallen by 6.18% in the past week. The current price is £0.21 per DIMO with a 24-hour trading volume of £971.64K. Currently, DIMO is valued at 68.03% below its all time high of £0.67. This all-time high was the highest price paid for DIMO since its launch.

The current circulating supply of DIMO is 219,477,154.005 DIMO which means that DIMO has as total market cap of 219,477,154.005.

FAQ

What is the current price of DIMO?

We update our DIMO to GBP currency in real-time. Get the live price of DIMO on Coinbase.

What is the market cap of DIMO?

The current market cap of DIMO is £47.31M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of DIMO?

The all-time high of DIMO is £0.67. This all-time high is highest price paid for DIMO since it was launched.

What is the 24 hour trading volume of DIMO?

Over the last 24 hours, the trading volume of DIMO is £971.64K.

How many DIMO are there?

The current circulating supply of DIMO is 219 million.

What is the typical holding time of DIMO?

The median time that Coinbase customers hold DIMO before selling it or sending it to another account or address is 22 days.

What is the relative popularity of DIMO?

DIMO ranks 186 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of DIMO?

Currently, 67% of Coinbase users are buying DIMO. In other words, 67% of Coinbase customers have increased their net position in DIMO over the past 24 hours through trading.

Can I buy DIMO on Coinbase?

Yes, DIMO is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy DIMO guide.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.

This Financial Promotion has been approved by Archax LTD on February 7, 2024