Diamond Platform TokenDPT
$11.1
Market/Exchange
DPT Price Prediction and Price Movement
We have seen some downward price movements over the past three months as DPT has dropped 0 percent. Though with its relatively large market capitalization, DPT maybe in the middle of a long price consolidation phase, in the case of a strong fundamentals, it would be likely that DPT may bounce back heavily and continue its next phase of upward movement. Therefore traders should spend some extra effort in researching DPT's fundamentals and still be cautious while trading this coin.
Please note that this analysis is purely base on DPT's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Diamond Platform Token Price Chart
About Diamond Platform Token
Diamond Network aims to create a transparent and traceable diamond market. It offers multiple services, viz. Digital Diamond Data Base, Marketplace, Stablecoin [CDC], and Diamond Origin Verification Service. The CDC stablecoin is reportedly backed by 0.05 cts diamond and redeemable for an investment class diamond at the Diamond Network Marketplace. The purpose of the DPT token is to confer digital access rights to the Diamond Network Platform and its services on a blockchain-based infrastructure. Service fees are collected in DPT. The token will have a governance function, where token holders will be able to vote on decisions related to the project's development.