DigiByte (DGB) Trading 6.4% Lower Over Last Week

DigiByte (DGB) traded down 7.2% against the U.S. dollar during the 24-hour period ending at 14:00 PM ET on October 23rd. One DigiByte coin can now be bought for $0.0064 or 0.00000010 BTC on popular exchanges. DigiByte has a total market cap of $110.56 million and $2.69 million worth of DigiByte was traded on exchanges in the last 24 hours. Over the last week, DigiByte has traded down 6.4% against the U.S. dollar.

Here is how related cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded 2.6% lower against the dollar and now trades at $65,370.60 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 3.8% lower against the dollar and now trades at $0.13 or 0.00000205 BTC.
• Bitcoin Cash (BCH) traded 4.8% lower against the dollar and now trades at $340.80 or 0.00521335 BTC.
• UNUS SED LEO (LEO) traded up 3.3% against the dollar and now trades at $6.09 or 0.00009318 BTC.
• Litecoin (LTC) traded 1.9% lower against the dollar and now trades at $68.39 or 0.00104624 BTC.
• Monero (XMR) traded down 0.9% against the dollar and now trades at $155.34 or 0.00237636 BTC.
• Ethereum Classic (ETC) traded down 3.8% against the dollar and now trades at $18.30 or 0.00027990 BTC.
• Arweave (AR) traded 5.5% lower against the dollar and now trades at $17.41 or 0.00026640 BTC.
• Bitcoin SV (BSV) traded 4.5% lower against the dollar and now trades at $45.99 or 0.00070350 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

About DigiByte

DGB is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. It launched on January 12th, 2014. DigiByte’s total supply is 17,322,758,479 coins. DigiByte’s official message board is dgbforum.com. The official website for DigiByte is digibyte.org. The Reddit community for DigiByte is https://reddit.com/r/digibyte and the currency’s Github account can be viewed here. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here.

According to CryptoCompare, “DigiByte (DGB) is an open-source blockchain and asset creation platform, initiated as a fork of Bitcoin in October 2013. It uses five different algorithms to enhance security and comprises three layers: a smart contract “App Store,” a public ledger, and the core protocol with nodes for transaction relay. DigiByte differentiates itself from Bitcoin by diversifying security, speed, and capacity. It employs five separate algorithms to bolster security and prevent ASIC miners from gaining excessive control. DigiByte also introduced DigiAssets, a platform for launching digital assets, decentralized applications (DApps), and smart contracts, with DGB as its native token. Governance structures within DigiByte operate on a voluntary basis, emphasizing the principle that the network should remain open source and publicly accessible. Jared Tate, also known as “DigiMan,” is the creator of DigiByte.”

DigiByte Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as DigiByte directly using U.S. dollars. Investors seeking to acquire DigiByte should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy DigiByte using one of the aforementioned exchanges.

DGB/USD price chart by TradingView