The current price of Dagcoin
1. What is Dagcoin?
2. How many dagcoins are there?
There are 9 billion dagcoins.
3. How is the dagcoin price calculated?
The price of dagcoin is determined by how many people are using it and how many businesses accept it as a payment method. The more people use the coin and the more businesses accept it, the higher its price will be.
4. How high will Dagcoin go?
The focus of Dagcoin is not on creating a coin for investors, but a coin that can be used everyday, by everybody, to buy anything, anywhere in the world. The currency was created using the DAG-chain technology because this ensures the transactions will always be fast (10 seconds or less). Not only is it faster than blockchain currencies like Bitcoin (average time 43 minutes), it is cheaper too, because users are not being paid to make confirmations (mining).
The price of dagcoin will depend on how many people use the coin and how many businesses accept it. The more people use it, the higher its price will be.
5. Where are dagcoins stored?
You can store your dagcoins in a DagWallet.
7. How much is Dagcoin worth?
Scroll up to the graph to see the current price of Dagcoin.
8. Who accepts Dagcoin?
You can find all the businesses that accept dagcoins on the Merchant Finder portal. Here you can search for businesses by location or type of business. Making it easy to find businesses in your local area or specialist companies further afield.
9. Can Dagcoin be mined?
No. Unlike blockchain based currencies, those based on DAG-chain technology, like Dagcoin, do not require confirmations. This means not only are they faster and cheaper than blockchain currencies, but better for the environment too, because there is no need for mining farms using huge amounts of energy.
10. Why is dagcoin rising?
The price of dagcoin is rising because more and more people are using it, and more businesses are accepting it as a payment method.