DigiByte (DGB) Hits Market Cap of $106.62 Million

DigiByte (DGB) traded 1.9% higher against the U.S. dollar during the 24 hour period ending at 18:00 PM Eastern on October 29th. One DigiByte coin can currently be purchased for about $0.0062 or 0.00000009 BTC on major cryptocurrency exchanges. During the last seven days, DigiByte has traded down 11.2% against the U.S. dollar. DigiByte has a total market cap of $106.62 million and approximately $2.58 million worth of DigiByte was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded 3.8% higher against the dollar and now trades at $72,218.63 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 8.6% higher against the dollar and now trades at $0.17 or 0.00000241 BTC.
• Bitcoin Cash (BCH) traded 4.2% higher against the dollar and now trades at $380.25 or 0.00526525 BTC.
• UNUS SED LEO (LEO) traded up 0.3% against the dollar and now trades at $6.06 or 0.00008397 BTC.
• Litecoin (LTC) traded up 4% against the dollar and now trades at $73.67 or 0.00102005 BTC.
• Monero (XMR) traded up 1% against the dollar and now trades at $163.73 or 0.00226712 BTC.
• Ethereum Classic (ETC) traded up 2.3% against the dollar and now trades at $19.35 or 0.00026791 BTC.
• Arweave (AR) traded up 3.7% against the dollar and now trades at $16.90 or 0.00023406 BTC.
• Bitcoin SV (BSV) traded 1% higher against the dollar and now trades at $51.63 or 0.00071487 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

DigiByte Profile

DGB is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. Its launch date was January 12th, 2014. DigiByte’s total supply is 17,334,336,123 coins. DigiByte’s official message board is dgbforum.com. The official website for DigiByte is digibyte.org. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. The Reddit community for DigiByte is https://reddit.com/r/digibyte and the currency’s Github account can be viewed 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 Gemini, GDAX or Changelly. 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