It s not new, its been around for a couple of years. I hope you did follow my advice cause the price of DMD Diamond went up 15% in the last two days. It ll go up more since that coin has just been added to Bittrex and we all know how important Chinese market it.
In last few days I didnt even see DMD in bitrex and I dont know for now because I didnt follow bitrex often. And why are you so sure that DMD is going to rise again after this couple of days? Just because it raise in the last 2 days doesnt mean that it will be going well too
I cannot be sure, this is just my opinion.
This coin s got a very limited supply, only 4.38 mill. The rollout s designed in a way that PoW block reward got reduced from 1 DMD per block to 0.2 DMD per block. So PoW s still there and supplies coins but very limited supply. PoS gives you 50% per year.
If you want to test my hypothesis, try to buy 5k DMD and see what happens to the price. It ll go up 15%, at least. NOBODY sells that coin. Ask yourself WHY?
Once more, I like it and I m biased. Make your own decisions where to invest, I m just providing infos.
