Convert and Swap Diamond DMD to Indian Rupee INR
DMD/INR: 1 Diamond equals ₹281.83 INR
Diamond (DMD) is not tradable on Coinbase.
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Last update: 1:36 PM, December 23, 2024
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Diamond is falling this week.
The current price of Diamond is ₹281.83 per DMD. With a circulating supply of 3,843,992.51 DMD, it means that Diamond has a total market cap of ₹1,083,628,503.53. The amount of Diamond traded has fallen by ₹12,877.58 in the last 24 hours, which is a 1.61% decrease. Additionally, in the last day, ₹799,033.76 worth of DMD has been traded.
About Diamond
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 and Indian Rupee differ
Diamond (DMD) and Indian Rupee (INR) are two distinct forms of currency, each with its unique characteristics. DMD is a digital asset established in 2013, striving to provide a decentralized, secure, and efficient platform. It operates on a cooperative HBBFT consensus mechanism supplemented by a delegated Proof-of-Stake (PoS) based validator election, offering fast transaction times, low fees, and a low carbon footprint. DMD also aims to enable financial freedom and independence by creating a platform for developing decentralized applications (dApps). On the other hand, INR is a traditional, government-issued currency used in India. It is a physical form of money, regulated by the Reserve Bank of India, and its value is influenced by various economic factors such as inflation, interest rates, and government policies. Unlike DMD, INR does not operate on a blockchain, does not offer smart contract functionality, and is not scarce, with its supply controlled by the central bank.
Frequently asked questions
How much is 1 Diamond in INR?
Right now, 1 Diamond is worth about ₹281.83.
How much DMD could I buy for 1 INR?
Based on the current rate, you could get 0.0035 DMD for 1 INR.
How much has the price of Diamond changed?
Diamond price has been declining. Since yesterday, the exchange rate of Diamond has decreased. Since last month, the exchange rate of Diamond has decreased. Since this time last year, the price of Diamond has increased.
How do I calculate or convert DMD to INR?
You can use our DMD to INR calculator at the top of this page to convert any amount of DMD to INR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 INR is equivalent to 0.0177 DMD. Inversely, 5 DMD will cost about ₹1,409.16
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.
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DMD to Indian Rupee conversion tables
The exchange rate of Diamond is decreasing.
The current value of 1 DMD is ₹281.83 INR. In other words, to buy 5 Diamond, it would cost you ₹1,409.16 INR. Inversely, ₹1.00 INR would allow you to trade for 0.0035 DMD while ₹50.00 INR would convert to 0.1774 DMD, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 19.54%. Meanwhile, in the last 24 hours, the rate has changed by 1.37%, and that the the highest exchange rate of 1 DMD to Indian Rupee was ₹285.43 INR and the lowest 24 hour value was 1 DMD for ₹276.30 INR. This time last month, the value of 1 DMD was ₹467.86 INR, which is a 40.35% increase from where it is now. Looking back a year, Diamond has changed by ₹157.53 INR.
DMD to INR performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
₹284.75 INR | -1.37% | ₹351.24 INR | -19.54% | ₹467.86 INR | -40.35% | ₹157.53 INR | 74.34% |
DMD to INR
Amount | Today at 1:36 pm |
|---|---|
0.5 DMD | ₹140.92 |
1 DMD | ₹281.83 |
5 DMD | ₹1,409.16 |
10 DMD | ₹2,818.32 |
50 DMD | ₹14,091.58 |
100 DMD | ₹28,183.16 |
500 DMD | ₹140,915.80 |
1,000 DMD | ₹281,831.61 |
INR to DMD
Amount | Today at 1:36 pm |
|---|---|
0.5 INR | 0.0018 DMD |
1 INR | 0.0035 DMD |
5 INR | 0.0177 DMD |
10 INR | 0.0355 DMD |
50 INR | 0.18 DMD |
100 INR | 0.35 DMD |
500 INR | 1.77 DMD |
1,000 INR | 3.55 DMD |
Today vs. 24 hours ago
Amount | Today at 1:36 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 DMD | ₹140.92 | ₹142.63 | -1.20% |
1 DMD | ₹281.83 | ₹285.26 | -1.20% |
5 DMD | ₹1,409.16 | ₹1,426.29 | -1.20% |
10 DMD | ₹2,818.32 | ₹2,852.59 | -1.20% |
50 DMD | ₹14,091.58 | ₹14,262.93 | -1.20% |
100 DMD | ₹28,183.16 | ₹28,525.86 | -1.20% |
500 DMD | ₹140,915.80 | ₹142,629.31 | -1.20% |
1,000 DMD | ₹281,831.61 | ₹285,258.61 | -1.20% |
Today vs. 1 month ago
Amount | Today at 1:36 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 DMD | ₹140.92 | ₹235.79 | -40.24% |
1 DMD | ₹281.83 | ₹471.57 | -40.24% |
5 DMD | ₹1,409.16 | ₹2,357.87 | -40.24% |
10 DMD | ₹2,818.32 | ₹4,715.75 | -40.24% |
50 DMD | ₹14,091.58 | ₹23,578.75 | -40.24% |
100 DMD | ₹28,183.16 | ₹47,157.50 | -40.24% |
500 DMD | ₹140,915.80 | ₹235,787.50 | -40.24% |
1,000 DMD | ₹281,831.61 | ₹471,574.99 | -40.24% |
Today vs. 1 year ago
Amount | Today at 1:36 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 DMD | ₹140.92 | ₹80.50 | +75.06% |
1 DMD | ₹281.83 | ₹160.99 | +75.06% |
5 DMD | ₹1,409.16 | ₹804.95 | +75.06% |
10 DMD | ₹2,818.32 | ₹1,609.90 | +75.06% |
50 DMD | ₹14,091.58 | ₹8,049.50 | +75.06% |
100 DMD | ₹28,183.16 | ₹16,099.01 | +75.06% |
500 DMD | ₹140,915.80 | ₹80,495.04 | +75.06% |
1,000 DMD | ₹281,831.61 | ₹160,990.07 | +75.06% |
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