Decentralized Social Price (DESO)

Decentralized Social logo
$19.74-2.54%1D
Coinbase
DESO
USD
1 DESO =$19.74Last updated:
Disclaimer: This page may contain affiliate links. Bitcompare may be compensated if you visit any links. Please refer to our Advertising disclosure.

Price of Decentralized Social (DESO) today

As of the latest data, Decentralized Social (DESO) is currently priced at $19.74 with a market capitalization of $183.40M. The 24-hour trading volume stands at $9.42M, The circulating supply of Decentralized Social is approximately 8.88M. The cryptocurrency has seen a -2.54% decrease in value over the past 24 hours.

About Decentralized Social (DESO)

This asset, with the internal ID 50880, is known as Decentralized Social and is represented by the symbol DESO. While a short summary and description are not provided, the asset is associated with a list of features and technologies. The technology utilized by Decentralized Social is not specified, but it is likely to involve decentralized systems and social networking concepts. The asset's main use case appears to be related to decentralized social networking or communication platforms. The asset's logo version is 0, and the last update was recorded at 1,675,379,080. The associated image for Decentralized Social can be viewed at the provided link.

How does Decentralized Social work?

Decentralized Social (DESO) operates on a decentralized network, meaning there is no central authority controlling the platform. Users interact directly with each other through peer-to-peer transactions, facilitated by blockchain technology. DESO utilizes a consensus mechanism such as Proof of Work or Proof of Stake to validate transactions and maintain the integrity of the network. Its unique features include censorship resistance, data ownership, and incentivized participation through token rewards. DESO can be used for social media, content creation, crowdfunding, and more, offering a secure and transparent way for users to engage and transact without relying on intermediaries. Its decentralized nature and innovative functionalities set it apart from traditional financial systems, providing a versatile and efficient solution for various industries and platforms.

How to keep your Decentralized Social (DESO) safe?

To keep your Decentralized Social (DESO) safe, it is recommended to utilize hardware wallets such as Ledger for enhanced security. These wallets store your private keys offline, making it harder for hackers to access your funds. Additionally, using trusted platforms like Coinbase can provide an added layer of security through their advanced security protocols and insurance policies. By combining the use of hardware wallets and trusted platforms, you can better protect your DESO assets from potential threats.

Sentiment about Decentralized Social (DESO)

Social media platforms are indicating a positive sentiment towards Decentralized Social. The sentiment score, which represents the balance between positive and negative posts weighted by interactions, is broken down as follows:

• YouTube videos show 50%

• On X (formerly Twitter), sentiment towards Decentralized Social varies. Approximately 49.03% of tweets express bullish sentiment, 17.45% express bearish sentiment, and 33.52% remain neutral. These sentiments are based on 5.69K tweets.

These findings are based on a total of 5.70K interactions over the last 24 hours, involving 36 unique social contributors to the topic.

This aligns with Decentralized Social's market performance; it is currently priced at $19.68 with a market capitalization of $183.40M.

In addition, in the last 24 hours, the price decreased by -2.84%. Market data suggests a bearish sentiment, indicating a negative outlook for the cryptocurrency.

Powered byLunaCrush

Decentralized Social Buying Guide

Frequently asked questions about Decentralized Social (DESO)