DigiByte Trading Up 3.2% Over Last 7 Days (DGB)

DigiByte (DGB) traded up 3% against the U.S. dollar during the 24 hour period ending at 12:00 PM ET on October 12th. One DigiByte coin can now be purchased for $0.0068 or 0.00000011 BTC on major exchanges. During the last week, DigiByte has traded up 3.2% against the U.S. dollar. DigiByte has a total market cap of $116.79 million and $1.85 million worth of DigiByte was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded up 1.6% against the dollar and now trades at $63,264.17 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 1.8% against the dollar and now trades at $0.11 or 0.00000177 BTC.
• Bitcoin Cash (BCH) traded 1.3% higher against the dollar and now trades at $330.81 or 0.00522900 BTC.
• UNUS SED LEO (LEO) traded 0.6% lower against the dollar and now trades at $6.00 or 0.00009491 BTC.
• Litecoin (LTC) traded 1.7% higher against the dollar and now trades at $66.53 or 0.00105163 BTC.
• Monero (XMR) traded 0.8% higher against the dollar and now trades at $153.57 or 0.00242737 BTC.
• Ethereum Classic (ETC) traded 1.4% higher against the dollar and now trades at $18.83 or 0.00029764 BTC.
• Arweave (AR) traded 2% higher against the dollar and now trades at $19.59 or 0.00030973 BTC.
• Bitcoin SV (BSV) traded up 1.1% against the dollar and now trades at $45.79 or 0.00072383 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 17,301,926,496 coins. DigiByte’s official website 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. DigiByte’s official message board is dgbforum.com.

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 presently possible to purchase alternative cryptocurrencies such as DigiByte directly using U.S. dollars. Investors seeking to acquire DigiByte should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. 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