DigiByte Achieves Market Capitalization of $118.89 Million (DGB)

DigiByte (DGB) traded up 2.5% against the dollar during the twenty-four hour period ending at 8:00 AM Eastern on October 16th. Over the last week, DigiByte has traded 4.8% higher against the dollar. One DigiByte coin can now be purchased for about $0.0069 or 0.00000010 BTC on popular cryptocurrency exchanges. DigiByte has a market capitalization of $118.89 million and approximately $2.19 million worth of DigiByte was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded 3.2% higher against the dollar and now trades at $67,959.52 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 11.3% higher against the dollar and now trades at $0.13 or 0.00000186 BTC.
• Bitcoin Cash (BCH) traded 0.8% higher against the dollar and now trades at $364.83 or 0.00536831 BTC.
• UNUS SED LEO (LEO) traded 0.2% lower against the dollar and now trades at $6.14 or 0.00009037 BTC.
• Litecoin (LTC) traded 7.5% higher against the dollar and now trades at $71.52 or 0.00105232 BTC.
• Ethereum Classic (ETC) traded 3% higher against the dollar and now trades at $19.61 or 0.00028857 BTC.
• Monero (XMR) traded down 0.6% against the dollar and now trades at $154.70 or 0.00227639 BTC.
• Arweave (AR) traded up 0.2% against the dollar and now trades at $19.42 or 0.00028582 BTC.
• Bitcoin SV (BSV) traded up 5.9% against the dollar and now trades at $51.54 or 0.00075842 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

DigiByte Profile

DigiByte (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 17,309,181,374 coins. 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. 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.”

DigiByte Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as DigiByte directly using U.S. dollars. Investors seeking to acquire DigiByte should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, 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