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    Decentralized Social price

    Decentralized Social priceDESO

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    Decentralized Social price calculator

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    DESO
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    USD
    1 DESO = 6.04 USD
    Last updated 2024-11-24 09:00:28(UTC-0)
    Buy DESO

    Decentralized Social price live data summary

    The live price of Decentralized Social is $6.04 per (DESO / USD) today with a current market cap of $53.66M USD. The 24-hour trading volume is $681,182.85 USD. DESO to USD price is updated in real time. Decentralized Social is -12.18% in the last 24 hours. It has a circulating supply of 8,884,536 .

    What is the highest price of DESO?

    DESO has an all-time high (ATH) of $475, recorded on 2021-12-13.

    What is the lowest price of DESO?

    DESO has an all-time low (ATL) of $0.00, recorded on 2021-06-16.
    Calculate Decentralized Social profit

    Decentralized Social price prediction

    What will the price of DESO be in 2025?

    Based on DESO's historical price performance prediction model, the price of DESO is projected to reach $9.66 in 2025.

    What will the price of DESO be in 2030?

    In 2030, the DESO price is expected to change by -5.00%. By the end of 2030, the DESO price is projected to reach $19.08, with a cumulative ROI of +186.48%.

    Decentralized Social ratings

    Average ratings from the community
    4.6
    100 ratings
    This content is for informational purposes only.

    About Decentralized Social (DESO)

    What is DeSo (DESO)?

    Social media is undergoing a major transformation with the advent of DeSo, or the Decentralised Social Network (DESO), which is a custom-built layer-1 blockchain platform designed to power a new category of decentralized social applications for users worldwide. By creating an open utility, rather than a privately held monopoly, DESO is paving the way for a more democratic and accessible social media experience.

    Who Are the Founders of DeSo?

    Nader Al-Naji, a former software engineer at D.E. Shaw Group and Google, founded DeSo in January 2019. Prior to DeSo, he raised funds of over $133 million for Basis, an algorithmic stablecoin. The DeSo blockchain is backed by the non-profit DeSo Foundation, which aims to promote the decentralization of social media. Al-Naji is currently the chairman of the board of the DeSo Foundation, which has a $200 million treasury to support its mission. The foundation recently launched the Octane Fund, a developer fund worth $50 million.

    How does DeSo (DESO) Work?

    It has come to light that social media is controlled by a handful of private companies, leading to a centralized environment where user-generated content is monetized for the companies' gain. Unfortunately, the current ads-driven business model hinders external developers from creating new apps and features, and users have no choice but to continue using the apps controlled by these private companies. This limited access leads to these companies being the only ones who can curate competitive feeds, build new apps, and monetize content. Furthermore, existing blockchains are not equipped to store and index the vast amount of data generated by social applications. However, DeSo plans to solve these issues by decentralizing social media and creating a content distribution model. As an open-source platform, the entire content will be stored directly on-chain, allowing anyone in the world to show their curated feed by running a node on the public blockchain.

    DeSo has a unique consensus mechanism that allows it to consume less energy than other platforms. It plans to further develop its proof-of-stake proposal to better support social applications.

    What makes DeSo (DESO) Unique?

    DeSo is not your average blockchain platform. It offers a range of social-oriented features that traditional platforms do not. These features include social tokens (creator coins), tipping, and NFTs, which allow creators to monetize their content and engage with their followers in unique ways. What sets DeSo apart is that it treats social data as a public utility, meaning creators are not limited to a few centralized apps. Instead, all content is stored on a decentralized ledger that is available to a growing network of independent third-party apps. DeSo's scalability is unparalleled thanks to its narrow set of social-oriented features implemented on bare metal using custom indexes. For example, 1 GB of on-chain storage on DeSo costs as little as 1 DeSo, which is significantly cheaper than any other smart contract infrastructures. DeSo also plans to switch to a Proof of Stake consensus by the end of 2022, which is expected to increase throughput to hundreds of thousands of transactions per second.

    Conclusion

    In today's world of advancing blockchain technology, Decentralized Social is positioned to transform digital communication and connectivity as we know it.

    Decentralized Social price performance in USD

    24h7 days30 days90 days1 yearAll-time
    -12.18%+32.17%+1.97%-21.38%-46.18%-96.41%

    Decentralized Social price history in USD

    The price of Decentralized Social is -46.18% over the last year. The highest price of in USD in the last year was $50.17 and the lowest price of in USD in the last year was $2.66.
    TimeLowHigh
    24h$5.92$8.75
    7d$4.49$8.75
    30d$2.66$8.75
    90d$2.66$8.75
    1y$2.66$50.17
    All-time--(2021-06-16, 3 years ago )$475(2021-12-13, 2 years ago )

    Decentralized Social market information

    Market cap
    $53,661,185.09
    -12.18%
    Fully diluted market cap
    $65,281,573.48
    -12.18%
    Volume (24h)
    $681,182.85
    -0.78%
    Market rankings
    Circulation rate
    +82.00%
    24h volume / market cap
    0.0126
    Circulating supply
    8,884,536 DESO
    Total supply / Max supply
    10,808,492 DESO
    10,808,492 DESO
    Buy Decentralized Social now

    Decentralized Social Social Data

    In the last 24 hours, the social media sentiment score for Decentralized Social was 3, and the social media sentiment towards Decentralized Social price trend was Bullish. The overall Decentralized Social social media score was 0, which ranks 704 among all cryptocurrencies.

    According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Decentralized Social being mentioned with a frequency ratio of 0%, ranking 635 among all cryptocurrencies.

    In the last 24 hours, there were a total of 72 unique users discussing Decentralized Social, with a total of Decentralized Social mentions of 28. However, compared to the previous 24-hour period, the number of unique users decrease by 0%, and the total number of mentions has increase by 40%.

    On Twitter, there were a total of 0 tweets mentioning Decentralized Social in the last 24 hours. Among them, 0% are bullish on Decentralized Social, 0% are bearish on Decentralized Social, and 100% are neutral on Decentralized Social.

    On Reddit, there were 0 posts mentioning Decentralized Social in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 0% .

    All social overview

    Average sentiment (24h)
    3
    Social media score (24h)
    0(#704)
    Social contributors (24h)
    72
    0%
    Social media mentions (24h)
    28(#635)
    +40%
    Social media dominance (24h)
    0%
    X
    X posts (24h)
    0
    0%
    X sentiment (24h)
    Bullish
    0%
    Neutral
    100%
    Bearish
    0%
    Reddit
    Reddit score (24h)
    0
    Reddit posts (24h)
    0
    0%
    Reddit comments (24h)
    0
    0%

    How to buy Decentralized Social(DESO)

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    FAQ

    What is the current price of Decentralized Social?

    The live price of Decentralized Social is $6.04 per (DESO/USD) with a current market cap of $53,661,185.09 USD. Decentralized Social's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Decentralized Social's current price in real-time and its historical data is available on Bitget.

    What is the 24 hour trading volume of Decentralized Social?

    Over the last 24 hours, the trading volume of Decentralized Social is $681,182.85.

    What is the all-time high of Decentralized Social?

    The all-time high of Decentralized Social is $475. This all-time high is highest price for Decentralized Social since it was launched.

    Can I buy Decentralized Social on Bitget?

    Yes, Decentralized Social is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy guide.

    Can I get a steady income from investing in Decentralized Social?

    Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

    Where can I buy Decentralized Social with the lowest fee?

    Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

    Where can I buy Decentralized Social (DESO)?

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    Cryptocurrency investments, including buying Decentralized Social online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Decentralized Social, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Decentralized Social purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.

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