- #1715
Djed DJED
DJED Price
Market Cap
$3.28 MRank #1715FDV
$995.40 BRank #501Investors
Twitter Followers
Twitter Performance
663NormalRank by Twitter #1963- 0
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Detailed Performance
DJED shows Neutral behaviour against top cryptocurrencies, leading categories and blockchains over various time periods
DJED to USD Converter
Price History
- All-Time High
- $1.261.27x to ATH
- All-Time Low
- $0.0₅981015714x to ATL
- Trade Launch Date
- 1 Feb, 2023
584 days ago
About DJED
Djed is a stablecoin developed by IOG and powered by COTI on the Cardano network. It is Cardano's native overcollateralized stablecoin, meaning it is backed by ADA and uses SHEN as a reserve coin. Djed aims to provide stability to its value by maintaining a reserve ratio and base reserve.
What makes Djed unique?
Djed is unique compared to other cryptocurrencies because it is a native overcollateralized stablecoin developed by IOG (Input Output Global) and powered by COTI. It is backed by Cardano's native cryptocurrency, ADA, and uses SHEN as a reserve coin. This means that Djed's value is pegged to a stable asset (ADA), which helps to reduce price volatility. Additionally, Djed's reserve ratio is set at a minimum of 400%, ensuring that there is sufficient collateral to back the stablecoin. This overcollateralization provides stability and trustworthiness to Djed, making it an appealing option for users looking for a stable store of value within the Cardano ecosystem.
Live Djed Price Data
The current price of Djed (DJED) is approximately $0.9954, reflecting a decrease of -0.05% in the last 24 hours. The DJED trading volume in the last 24 hours stands at $53,518.00. Djed's market cap is currently $3.28 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of DJED is 3.29 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Djed's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on DJED, check out our crypto insights page.
Official Links
DJED to USD Converter
Price History
- All-Time High
- $1.261.27x to ATH
- All-Time Low
- $0.0₅981015714x to ATL
- Trade Launch Date
- 1 Feb, 2023
584 days ago