# What is Diment Dollar?
Diment Dollar (DD) the only pre-audited and pre-backed Stablecoin by the value of Diamonds.
## What is the concept of Diment Dollar (DD)?
DD is an outstanding digital product that redefines the concept of “value-security” in the financial world by reinventing the present Stablecoin model.
Diment Dollar represents a paradigm shift in the realm of Stablecoins. Priced at 1 USD and backed by Diment's diamond reserve USD-value on a 1-to-1 basis, it offers users a digital asset rooted in tangible value and stability.
### What is the mission of Diment Dollar (DD)?
The mission is to redefine reliability, transparency, and stability in the financial world by combining the physical value of diamonds with the potential of blockchain technology. With Diment Dollar, the aim is to secure the financial future of users and investors while adding resilience to the crypto ecosystem.
#### What is a stable cryptocurrency backed by diamonds?
A stable cryptocurrency backed by diamonds is a type of digital currency where the value is pegged to the value of diamonds. This means that the stablecoin is backed by a reserve of diamonds to maintain its stability.
##### How does a stable cryptocurrency backed by diamonds maintain its stability?
The stability of a stable cryptocurrency backed by diamonds is maintained by the value of the diamonds held in reserve. The stablecoin is designed to be redeemable for a specified amount of diamonds, which helps to anchor its value.
###### What are the advantages of using a stable cryptocurrency backed by diamonds?
Using a stable cryptocurrency backed by diamonds can provide the benefits of digital currencies, such as fast and low-cost transactions, while also offering the stability and security associated with diamond reserves.
What is the highest value Diment Dollar (DD) has ever reached?
Diment Dollar (DD) reached its peak price at 1.038 $ on 20 May 2024, approximately a year ago ago. Presently, the current price is -3.69% lower than this all-time high.
What is the historical minimum price for Diment Dollar (DD)?
The minimum price reached for Diment Dollar (DD) was 0.2852 $, documented on 30 October 2024, more than a year ago. In comparison, the current price is 250.46%, it above this historical low.
What is the fully diluted valuation of Diment Dollar (DD)?
The fully diluted valuation (FDV) of Diment Dollar (DD) stands at $ 4,99 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of DD tokens. The realization of this FDV might take several years depending on the emission schedule of DD tokens.
How to add Diment Dollar (DD) to MetaMask?
By integrating Diment Dollar (DD) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import DD as a token. You can either manually import DD by copying its contract address (0x71b3a0566f4bf80331d115d8026a7022bf670cce) or use MetaMask's Chrome extension to add DD with a single click through P.CASH.
How to add Diment Dollar (DD) to TrustWallet?
Incorporating Diment Dollar (DD) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include DD, you can either manually import it using the contract address (0x71b3a0566f4bf80331d115d8026a7022bf670cce) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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