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What is DIA (DIA)?

DIA basic info

Name:DIA
Ticker:
Introduction:

What is DIA (DIA)?

DIA (Decentralised Information Asset) is a platform that aims to be an ecosystem for open financial data in a financial smart contract ecosystem, connecting data analysts, data providers and data users to source, supply, and share trustworthy data. DIA provides a reliable and verifiable bridge between off-chain data from various sources and on-chain smart contracts that can be used to build a variety of financial DApps. Moreover, DIA is the governance token of the platform, currently based on ERC-20 Ethereum protocol. The project was founded in 2018, and the token supply was made available to the public during the bonding curve sale from Aug 3 through Aug 17, 2020, where 10.2 million tokens were sold.

How does DIA (DIA) Work?

DIA claims to source all types of traditional currencies and fix rates to DeFi protocols as well as digital asset prices. The platform apparently sources data from multiple trusted sources and provides customized data feeds with tailor-made methodologies and sources. The data feeds from DIA can apparently be used by any application on any network.

According to their website, DIA provides a platform that focuses on network agnostic operability, which means that a blockchain like Ethereum or BSC can simply integrate data into many on-chain and off-chain applications. They also claim that the data feeds provided by DIA are open-source, completely transparent, and meet typical financial application compliance criteria. Michael Weber is the CEO and cofounder of DIANetwork, who has worked as a data analyst for organizations like Lehman Brothers and Bloomberg.

What makes DIA (DIA) Unique?

DIA is working towards becoming a reliable source of financial data, similar to Wikipedia. The platform aims to address the challenge of accessing outdated, unverified, or hard-to-find data in the world of finance and crypto, particularly in DeFi. DIA proposes to resolve this issue by offering financial incentives to users who provide open-source, verified data streams to the oracles. According to DIA, the current design of oracles is non-transparent, not easily scalable, and prone to attacks.

To fund data collection, data validation, and governance decisions, as well as to incentivize platform development, the DIA governance token will be employed. Users can stake DIA tokens to encourage new data to be added to the platform, while access to historical data on DIA is free.

How is the DIA Network Secured?

The DIA token operates on the Ethereum network, utilizing its strengths and weaknesses. As an ERC-20 token, it follows a set of rules for functionality. Ethereum's decentralization makes it one of the largest and strongest networks, but it also has its downsides. Congestion on the network can cause delays, abnormally high transaction fees, and impact all participants, which is a noticeable drawback. The Ethash proof-of-work function protects all transactions on the Ethereum network.

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Current price:
All-time high:$5.79
All-time low:$0.2104

DIA supply and tokenomics

Circulating supply:119,676,104 DIA
Total supply:168,817,248 DIA
Max supply:200,000,000 DIA
Market cap:$87.17M
Fully diluted market cap:$145.67M

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What is the development prospect and future value of DIA?

The market value of DIA currently stands at $87.17M, and its market ranking is #463. The value of DIA is not widely recognized by the market. When the bull market comes, the market value of DIA may have great growth potential.

As a new type of currency with innovative technology and unique use cases, DIA has broad market potential and significant room for development. The distinctiveness and appeal of DIA may attract the interest of specific groups, thereby driving up its market value.

What will the price of DIA be in 2025?
Based on DIA's historical price performance prediction model, the price of DIA is projected to reach $1.08 in 2025.
What will the price of DIA be in 2030?
In 2030, the DIA price is expected to change by -18.00%. By the end of 2030, the DIA price is projected to reach $1.32, with a cumulative ROI of +75.83%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of DIA and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is DIA worth investing or holding? How to buy DIA from a crypto exchange?

If you want to buy DIA, the following information may be helpful for your investment decisions:
In the last 7 days, the price of DIA has fallen by -19.90%, leading to negative returns for most DIA investors. The market is currently pessimistic about the price trend of DIA.
It is important to note that the current price of DIA has retreated by -87.43% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether DIA is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in DIA or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of DIA, if you want to buy or sell DIA, you can consider Bitget for your trading needs. The best place to buy DIA is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in DIA has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy DIA. Here's a step-by-step guide on how to buy DIA on Bitget.

How to get DIA through other methods?

Using cash to buy DIA is not the only way to obtain DIA. If you have the time to spare, you can get DIA for free.
Learn how to earn DIA for free through the Learn2Earn promotion.
Earn free DIA by inviting friends to join Bitget's Assist2Earn promotion.
Receive free DIA airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to DIA through Bitget Convert, Bitget Swap, or spot trading.

What is DIA used for and how to use DIA?

The use case of DIA may expand as the crypto market and the project itself develop. Currently, you can use DIA to achieve the following goals:
Arbitrage by trading DIA: Since DIA is a frequently traded cryptocurrency, the price of DIA is always fluctuating. Earn more DIA by buying low and selling high on the exchange. Bitget spot market provides a variety of DIA trading pairs to fully meet your needs.
Earn by staking DIA: You can also generate income through financial management methods such as staking DIA or lending DIA. Bitget Earn offers a variety of financial products designed to help you earn more income from your DIA.
Send or pay DIA: If you want to give DIA to your friends, a charity, or a fundraiser, or you want to pay someone with DIA, you can quickly and easily send DIA to the recipient through their payment address.
You can also go to the official website of the DIA project to learn more about the use cases of DIA. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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