DigiByte Hits Market Cap of $107.15 Million (DGB)

DigiByte (DGB) traded up 2.4% against the US dollar during the twenty-four hour period ending at 0:00 AM ET on October 28th. In the last week, DigiByte has traded 9.3% lower against the US dollar. One DigiByte coin can now be purchased for $0.0062 or 0.00000009 BTC on exchanges. DigiByte has a total market capitalization of $107.15 million and $2.43 million worth of DigiByte was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded 4.8% higher against the dollar and now trades at $70,902.72 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 16.3% higher against the dollar and now trades at $0.17 or 0.00000235 BTC.
• Bitcoin Cash (BCH) traded up 8.3% against the dollar and now trades at $376.32 or 0.00530759 BTC.
• UNUS SED LEO (LEO) traded 0% higher against the dollar and now trades at $6.05 or 0.00008535 BTC.
• Litecoin (LTC) traded 2.1% higher against the dollar and now trades at $72.04 or 0.00101608 BTC.
• Monero (XMR) traded up 0.1% against the dollar and now trades at $163.74 or 0.00230937 BTC.
• Ethereum Classic (ETC) traded 5.1% higher against the dollar and now trades at $19.17 or 0.00027036 BTC.
• Arweave (AR) traded 4.8% higher against the dollar and now trades at $16.47 or 0.00023224 BTC.
• Bitcoin SV (BSV) traded up 13.9% against the dollar and now trades at $51.81 or 0.00073066 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

DigiByte Profile

DigiByte (CRYPTO:DGB) is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. It launched on January 12th, 2014. DigiByte’s total supply is 17,332,924,904 coins. DigiByte’s official message board is dgbforum.com. 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. 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 possible to purchase alternative cryptocurrencies such as DigiByte directly using U.S. dollars. Investors seeking to trade DigiByte should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. 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