Convert and Swap DIMO DIMO to United States Dollar USD
DIMO/USD: 1 DIMO equals $0.17 USD
Last update: 6:17 PM, December 22, 2024
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DIMO is falling this week.
The current price of DIMO is $0.17 per DIMO. With a circulating supply of 277,645,084.79 DIMO, it means that DIMO has a total market cap of $48,377,241.34. The amount of DIMO traded has fallen by $56,966.83 in the last 24 hours, which is a 15.41% decrease. Additionally, in the last day, $369,658.01 worth of DIMO has been traded.
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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 (pronounced "Dee-Moe") is a unique cryptocurrency that aims to make every car on earth smart and programmable. It is an open platform that strives to connect every car on the planet and modernize the entire transportation industry. DIMO opens access to vehicle data, connectivity, and commerce. It allows vehicle owners to collect, use, and monetize the data from their vehicles. Developers and data consumers can access this data to build apps and services on a stable, open platform. DIMO uses the Ethereum Virtual Machine, cryptography, open source software, real-world hardware, and an ecosystem of applications built on top of it to establish a blockchain-based identity for users, vehicles, trips, and more using NFTs and other types of smart contracts.
DIMO works 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 user, vehicle, or trip as a means to make a secure claim. Users can self-custody their data and choose which bits of data they want to share with who on a case by case basis. App developers and data consumers have the ability to acquire a license and advance new technologies, build better versions of existing businesses, and build entirely new app categories. DIMO uses nodes to store off-chain data on behalf of users and ensures data is only shared with those the user authorizes.
The potential use cases for DIMO are vast and varied. When cars have universal digital identity and are accessible and secure online, we'll see a range of applications. These could include an AI car mechanic in your pocket, a smart parking garage that sends directions to your car to park autonomously and pay for itself, a fully automated and on-chain DMV, apps that alert you if your kid is driving past curfew or gets in an accident, a global digital marketplace to buy and finance cars in seconds, and a full vehicle health history that helps you know the used car you're buying isn't about to fall apart.
The history of DIMO is rooted in the desire to modernize the transportation industry. It was made possible by recent advances in cryptography, blockchain, cellular networks, and automotive tech. DIMO enables any business to build and integrate with the next generation of mobility applications without typical SaaS platform risk. At the protocol layer, DIMO uses the Ethereum Virtual Machine, cryptography, open source software, and hardware to establish vehicle identity, permissions to access data and controls, rewards, and more. The blockchain allows DIMO to offer openness, privacy, security, and performance guarantees that were previously impossible. The project has a phased plan for growth and adoption, starting with innovators in the USA, Canada, and Europe being able to connect any car made after 2008 from any automaker to the network, view its data, and share that data with others using a minimum viable app.
How DIMO and United States Dollar differ
DIMO and the US Dollar are fundamentally different in their nature and functionality. DIMO is a unique cryptocurrency that aims to revolutionize the transportation industry by making every car smart and programmable. It operates on the Ethereum Virtual Machine and uses cryptography, open source software, and real-world hardware to establish a blockchain-based identity for users, vehicles, and trips. It allows vehicle owners to collect, use, and monetize their vehicle data, and developers to build apps and services on a stable, open platform. On the other hand, the US Dollar is a traditional fiat currency issued and regulated by the Federal Reserve. It is used for all types of transactions, from buying groceries to international trade. Unlike DIMO, the US Dollar does not operate on a blockchain, does not have a digital identity, and does not allow users to monetize their data. While DIMO is a digital asset that strives to modernize the transportation industry, the US Dollar is a physical and digital currency used for everyday transactions and as a global reserve currency.
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The exchange rate of DIMO is decreasing.
The current value of 1 DIMO is $0.17 USD. In other words, to buy 5 DIMO, it would cost you $0.87 USD. Inversely, $1.00 USD would allow you to trade for 5.73 DIMO while $50.00 USD would convert to 286.28 DIMO, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 25.75%. Meanwhile, in the last 24 hours, the rate has changed by 4.14%, and that the the highest exchange rate of 1 DIMO to United States Dollar was $0.18 USD and the lowest 24 hour value was 1 DIMO for $0.17 USD. This time last month, the value of 1 DIMO was $0.16 USD, which is a 7.66% decrease from where it is now. Looking back a year, DIMO has changed by $0.36 USD. That means that in a single year, the value of DIMO has shrank by 52.1%.
DIMO to USD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
---|---|---|---|---|---|---|---|
$0.18 USD | -4.14% | $0.23 USD | -25.75% | $0.16 USD | 7.66% | $0.36 USD | -52.10% |
DIMO to USD
Amount | Today at 6:17 pm |
---|---|
0.5 DIMO | $0.09 |
1 DIMO | $0.17 |
5 DIMO | $0.87 |
10 DIMO | $1.75 |
50 DIMO | $8.73 |
100 DIMO | $17.47 |
500 DIMO | $87.33 |
1,000 DIMO | $174.66 |
USD to DIMO
Amount | Today at 6:17 pm |
---|---|
0.5 USD | 2.86 DIMO |
1 USD | 5.73 DIMO |
5 USD | 28.63 DIMO |
10 USD | 57.26 DIMO |
50 USD | 286.28 DIMO |
100 USD | 572.56 DIMO |
500 USD | 2,862.79 DIMO |
1,000 USD | 5,725.57 DIMO |
Today vs. 24 hours ago
Amount | Today at 6:17 pm | 24 hours ago | 24H Change |
---|---|---|---|
0.5 DIMO | $0.0873 | $0.0911 | -4.15% |
1 DIMO | $0.17 | $0.18 | -4.15% |
5 DIMO | $0.87 | $0.91 | -4.15% |
10 DIMO | $1.75 | $1.82 | -4.15% |
50 DIMO | $8.73 | $9.11 | -4.15% |
100 DIMO | $17.47 | $18.22 | -4.15% |
500 DIMO | $87.33 | $91.10 | -4.15% |
1,000 DIMO | $174.66 | $182.21 | -4.15% |
Today vs. 1 month ago
Amount | Today at 6:17 pm | 1 months ago | 1M Change |
---|---|---|---|
0.5 DIMO | $0.0873 | $0.0808 | +8.10% |
1 DIMO | $0.17 | $0.16 | +8.10% |
5 DIMO | $0.87 | $0.81 | +8.10% |
10 DIMO | $1.75 | $1.62 | +8.10% |
50 DIMO | $8.73 | $8.08 | +8.10% |
100 DIMO | $17.47 | $16.16 | +8.10% |
500 DIMO | $87.33 | $80.79 | +8.10% |
1,000 DIMO | $174.66 | $161.57 | +8.10% |
Today vs. 1 year ago
Amount | Today at 6:17 pm | 1 year ago | 1Y Change |
---|---|---|---|
0.5 DIMO | $0.0873 | $0.18 | -51.51% |
1 DIMO | $0.17 | $0.36 | -51.51% |
5 DIMO | $0.87 | $1.80 | -51.51% |
10 DIMO | $1.75 | $3.60 | -51.51% |
50 DIMO | $8.73 | $18.01 | -51.51% |
100 DIMO | $17.47 | $36.02 | -51.51% |
500 DIMO | $87.33 | $180.10 | -51.51% |
1,000 DIMO | $174.66 | $360.19 | -51.51% |
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