DigiByte Market Cap Reaches $90.02 Million (DGB)

DigiByte (DGB) traded down 2% against the US dollar during the 1 day period ending at 21:00 PM E.T. on November 4th. In the last week, DigiByte has traded 16.1% lower against the US dollar. DigiByte has a market capitalization of $90.02 million and $2.52 million worth of DigiByte was traded on exchanges in the last 24 hours. One DigiByte coin can now be bought for approximately $0.0052 or 0.00000008 BTC on major exchanges.

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

• Bitcoin (BTC) traded down 2% against the dollar and now trades at $67,811.43 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 5.4% higher against the dollar and now trades at $0.16 or 0.00000238 BTC.
• Bitcoin Cash (BCH) traded 3.2% lower against the dollar and now trades at $329.30 or 0.00485616 BTC.
• UNUS SED LEO (LEO) traded up 0.1% against the dollar and now trades at $6.06 or 0.00008932 BTC.
• Litecoin (LTC) traded 2.4% lower against the dollar and now trades at $65.89 or 0.00097170 BTC.
• Monero (XMR) traded up 1.9% against the dollar and now trades at $159.99 or 0.00235934 BTC.
• Ethereum Classic (ETC) traded 1% lower against the dollar and now trades at $17.71 or 0.00026118 BTC.
• Bitcoin SV (BSV) traded down 4.7% against the dollar and now trades at $45.46 or 0.00067043 BTC.
• Arweave (AR) traded down 7.2% against the dollar and now trades at $13.02 or 0.00019207 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

DigiByte Coin Profile

DigiByte (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 17,345,959,207 coins. The official website for DigiByte is digibyte.org. DigiByte’s official message board is dgbforum.com. 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 currently 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, Gemini 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