DigiByte (DGB) Hits 24 Hour Trading Volume of $1.67 Million

DigiByte (DGB) traded 2% higher against the U.S. dollar during the 1 day period ending at 23:00 PM ET on November 1st. DigiByte has a total market cap of $102.04 million and approximately $1.67 million worth of DigiByte was traded on exchanges in the last day. One DigiByte coin can now be purchased for approximately $0.0059 or 0.00000008 BTC on major cryptocurrency exchanges. During the last seven days, DigiByte has traded down 2% against the U.S. dollar.

Here is how similar cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded 0.2% higher against the dollar and now trades at $69,715.10 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.2% higher against the dollar and now trades at $0.16 or 0.00000233 BTC.
• Bitcoin Cash (BCH) traded down 0.4% against the dollar and now trades at $351.45 or 0.00504129 BTC.
• UNUS SED LEO (LEO) traded 0.1% higher against the dollar and now trades at $6.05 or 0.00008674 BTC.
• Litecoin (LTC) traded up 3% against the dollar and now trades at $71.17 or 0.00102088 BTC.
• Monero (XMR) traded 2.9% higher against the dollar and now trades at $159.12 or 0.00228239 BTC.
• Ethereum Classic (ETC) traded down 0.1% against the dollar and now trades at $18.57 or 0.00026637 BTC.
• Bitcoin SV (BSV) traded down 1.5% against the dollar and now trades at $49.95 or 0.00071645 BTC.
• Arweave (AR) traded 2.9% lower against the dollar and now trades at $14.92 or 0.00021394 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

DigiByte Coin Profile

DigiByte (CRYPTO:DGB) 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 17,340,378,270 coins. The Reddit community for DigiByte is https://reddit.com/r/digibyte and the currency’s Github account can be viewed here. DigiByte’s official message board is dgbforum.com. 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.”

Buying and Selling DigiByte

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 Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy DigiByte using one of the exchanges listed above.

DGB/USD price chart by TradingView