|Brief||Digix tokenizes gold on Ethereum. We leverage the Distributed Ledger for its immutability, transparency and auditability by applying it to precious physical assets. Digix has created a range of technologies including The Proof of Asset Protocol.|
|Last updated:||Thursday, November 14, 2019 1:00:02AM UTC|
|Current price, USD:||12.370|
|Current price, BTC:||0.0014053|
|Market capitalization, USD:||24 740 853|
|Available supply:||2 000 000 DGD|
|Volume 24 hours, USD:||205 194|
General DGD facts, technical details and general information about DigixDAO crypto currency
Digix tokenizes gold on Ethereum. We leverage the Distributed Ledger for its immutability, transparency and auditability by applying it to precious physical assets. Digix has created a range of technologies including The Proof of Asset Protocol (POA) and Digix Gold Tokens (DGX) on Ethereum.
It relies on participating users to power the network by confirming transactions utilising a general consensus mechanism. The ‘blocks’ of information are transparently stored chronologically on every computer.
We list daily DigixDAO historical data for the past 10 days
|Date||Open, $||Min, $||Max, $||Market cap, $|
|Nov 05||13.199||13.017||13.322||26 478 902|
|Nov 06||13.222||13.222||13.541||26 725 507|
|Nov 07||13.380||12.99||13.38||26 269 622|
|Nov 08||13.173||12.258||13.199||24 851 409|
|Nov 09||12.490||12.483||12.67||25 290 064|
|Nov 10||12.647||12.583||12.787||25 520 084|
|Nov 11||12.718||12.252||12.718||24 710 030|
|Nov 12||12.365||12.148||12.499||24 333 713|
|Nov 13||12.125||12.125||12.49||24 770 951|
|Nov 14||12.388||12.37||12.388||24 740 853|
|DGD price change 24 hours||1.65242%|
|DGD price change 7 days||-7.2783%|
Just like any other cryptocurrency that is ranked below the Top 100, DigixDAO doesn't have much to boast about. It seems that people are still very skeptical towards the gold-backed cryptocurrencies like DGD, especially since it has a low market cap of only $24 million. Nevertheless, the coin is traded on numerous major cryptocurrency exchanges, having a total daily volume of around $400 thousand. It might serve as proof that someone still believes in the cause of DigixDAO and holds/traders this coin.
DGX tokens are stocks. Gold there or corn is not important for their owners, only the turnover of their company and its potential are important. Since it's gold, it's kind of like buying a prol stock and not for speculation, the profit from turnover will be scanty and there's no point in buying these tokens, it's more profitable to take the money to the bank. Therefore, there is no sense in participating in their presale.
We publish the most accurate DigixDAO Forecasts and News including crypto industry experts' opinion on a daily basis