What is Diamond Boyz Coin? How is this virtual currency decreasing in price that makes Khoa Pug and Johnny Dang “faceless”

Let’s learn about Diamond Boyz Coin and its position in the current market.

In recent days, Khoa Pug and Johnny Dang’s relationship has become a topic of discussion on social networks. Many questions were raised and most of them focused on one name “Diamond Boyz Coin”. Many people believe that it is the rapid decline of this crypto that has caused Khoa Pug and Johnny Dang to face each other.

Johnny Dang and Khoa Pug

What is the truth of this story, perhaps only Khoa Pug and Johnny Dang understand best. We temporarily do not discuss the relationship of these two cult characters. Today, the main protagonist is Diamond Boyz Coin. Let’s explore this crypto and its position in the current market.

Diamond Boyz Coin is built on top of Binance Smart Chain’s BEP20 standard to bridge the gap between the real world and blockchain technology. The Diamond Boyz Coin project has a 20-year relationship with influencers worldwide using founder Johnny Dang’s celebrity network.

Diamond Boyz Coin is a decentralized cryptocurrency, creator Johnny Dang wants to bring the coin and real life use cases, expand into jewelry and music industry, provide advertising solutions for the chain corporate and small business supply worldwide.

The project uses DBZ token as the native token when swapping for NFT on their Marketplace. The initial use of NFT will be to create “Diamond Swap” a custom-coded ticketing marketplace with a series of concerts (aka NFT collections) using guest performers. current goods.

As the token and technology evolves, it will also be used when building the project’s own Blockchain called the “Diamond Chain”, which is much more complex and will help facilitate jewelry transactions. From NFT concert collections to authenticating Jewelry transactions, the DBZ token if developed well will become a new trend in the market.

The $50 billion music industry and the $350 billion jewelry industry have a “common enemy” of counterfeits. Fake tickets and fake jewelry certificates cost businesses and consumers billions of dollars each year. The DBZ project promises to find a solution to this problem by using NFTs (Non-Fungible Tokens) to verify the authenticity of these items, protecting businesses and consumers, and saving them money. hundreds of millions every year.

Future-oriented by Johnny Dang himself to become one of the world’s famous cryptocurrencies, Diamond Boyz Coin did not have an impressive start on exchanges. According to Coingecko, the first DBZ coins were traded at the end of July 2021 for just $0.00392 (~ VND 92.1).

The price of this crypto after a long period of accumulation accelerated spectacularly at the end of September 2021, at the same time as Khoa Pug announced that he had just acquired 10 million DBZ coins. According to the exchange rate at that time, the amount that Khoa Pug invested in Diamond Boyz Coin could amount to more than 1 million USD. Compared to the time of launch, DBZ has increased by 36 times (~ 3500% increase). This is the time when many investors have poured money into Johnny Dang’s cryptocurrency.

According to Coinmarketcap, DBZ’s trading volume peaked on September 30, 2021 at $10.18 million. With a coin that has not been listed on major exchanges like Binance or CoinBase, the transaction volume of DBZ is extremely impressive.

Unfortunately, after only a short time, the price of DBZ has dropped dramatically. According to the update on 9/11/2021, the price of one DBZ coin is only $0.048 (down 191% from the peak price). At a sensitive time like today, the relationship between Khoa Pug and Johnny Dang really made many investors in DBZ feel nervous. Where will the future of DBZ go? Let’s wait for the final answer.

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