DigiByte (DGB) Trading Down 5.3% Over Last 7 Days

by · The Markets Daily

DigiByte (DGB) traded 1.7% lower against the dollar during the 1 day period ending at 21:00 PM E.T. on October 24th. Over the last week, DigiByte has traded down 5.3% against the dollar. DigiByte has a total market cap of $108.42 million and approximately $2.91 million worth of DigiByte was traded on exchanges in the last 24 hours. One DigiByte coin can now be purchased for about $0.0063 or 0.00000009 BTC on exchanges.

Here’s how other cryptocurrencies have performed over the last 24 hours:

  • Bitcoin (BTC) traded up 1.6% against the dollar and now trades at $67,960.16 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded 0.2% higher against the dollar and now trades at $0.14 or 0.00000207 BTC.
  • Bitcoin Cash (BCH) traded up 4.9% against the dollar and now trades at $366.01 or 0.00538445 BTC.
  • UNUS SED LEO (LEO) traded 0.2% higher against the dollar and now trades at $6.09 or 0.00008956 BTC.
  • Litecoin (LTC) traded 1.4% higher against the dollar and now trades at $70.90 or 0.00104298 BTC.
  • Monero (XMR) traded up 0.3% against the dollar and now trades at $157.45 or 0.00231622 BTC.
  • Ethereum Classic (ETC) traded 0.6% higher against the dollar and now trades at $18.79 or 0.00027644 BTC.
  • Arweave (AR) traded 1.4% higher against the dollar and now trades at $18.26 or 0.00026860 BTC.
  • Bitcoin SV (BSV) traded up 2.7% against the dollar and now trades at $48.17 or 0.00070859 BTC.
  • NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

DigiByte Coin Profile

DigiByte is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. Its genesis date was January 12th, 2014. DigiByte’s total supply is 17,325,182,673 coins. The official message board for DigiByte is dgbforum.com. The Reddit community for DigiByte is https://reddit.com/r/digibyte and the currency’s Github account can be viewed here. DigiByte’s official website is digibyte.org. 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 currently possible to purchase alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to trade DigiByte should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase DigiByte using one of the exchanges listed above.

DGB/USD price chart by TradingView