DigiByte (DGB) 24 Hour Volume Hits $1.58 Million

DigiByte (DGB) traded 1.6% lower against the U.S. dollar during the one day period ending at 12:00 PM ET on November 2nd. One DigiByte coin can now be bought for approximately $0.0057 or 0.00000008 BTC on popular exchanges. DigiByte has a market cap of $99.68 million and approximately $1.58 million worth of DigiByte was traded on exchanges in the last day. In the last week, DigiByte has traded 3.5% lower against the U.S. dollar.

Here is how other cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 0.7% lower against the dollar and now trades at $69,411.54 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 2% lower against the dollar and now trades at $0.16 or 0.00000227 BTC.
• Bitcoin Cash (BCH) traded 1.6% lower against the dollar and now trades at $344.23 or 0.00495929 BTC.
• UNUS SED LEO (LEO) traded 0% higher against the dollar and now trades at $6.06 or 0.00008724 BTC.
• Litecoin (LTC) traded down 1.1% against the dollar and now trades at $69.63 or 0.00100321 BTC.
• Monero (XMR) traded down 0.7% against the dollar and now trades at $154.47 or 0.00222548 BTC.
• Ethereum Classic (ETC) traded 3.1% lower against the dollar and now trades at $18.09 or 0.00026055 BTC.
• Bitcoin SV (BSV) traded down 3.4% against the dollar and now trades at $48.57 or 0.00069970 BTC.
• Arweave (AR) traded 5.7% lower against the dollar and now trades at $14.46 or 0.00020834 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

DigiByte Profile

DigiByte is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. It was first traded on January 12th, 2014. DigiByte’s total supply is 17,341,396,763 coins. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. DigiByte’s official message board is dgbforum.com. The Reddit community for DigiByte is https://reddit.com/r/digibyte and the currency’s Github account can be viewed here. The official website for DigiByte is digibyte.org.

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.”

Buying and Selling DigiByte

It is usually not presently possible to buy alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to trade DigiByte should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase 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