DigiByte Market Cap Hits $246.66 Million (CRYPTO:DGB)

DigiByte (CURRENCY:DGB) traded 5.2% lower against the dollar during the 24-hour period ending at 11:00 AM E.T. on February 19th. DigiByte has a market cap of $246.66 million and $1.62 million worth of DigiByte was traded on exchanges in the last 24 hours. One DigiByte coin can now be purchased for $0.0247 or 0.00000284 BTC on popular cryptocurrency exchanges including Coinhouse, CoinExchange, CryptoBridge and Kucoin. Over the last seven days, DigiByte has traded down 16.1% against the dollar.

Here’s how related cryptocurrencies have performed over the last 24 hours:

  • Bitcoin (BTC) traded down 3.8% against the dollar and now trades at $8,778.91 or 1.00000000 BTC.
  • Ethereum (ETH) traded 4.5% lower against the dollar and now trades at $658.98 or 0.07574120 BTC.
  • Bitcoin Cash (BCH) traded 4.6% lower against the dollar and now trades at $1,005.02 or 0.11551500 BTC.
  • Litecoin (LTC) traded down 4% against the dollar and now trades at $168.18 or 0.01933000 BTC.
  • Monero (XMR) traded 7.5% lower against the dollar and now trades at $232.31 or 0.02670120 BTC.
  • RaiBlocks (XRB) traded up 32.3% against the dollar and now trades at $18.58 or 0.00186028 BTC.
  • Ethereum Classic (ETC) traded 6.8% lower against the dollar and now trades at $18.61 or 0.00213935 BTC.
  • Nano (NANO) traded 2.4% lower against the dollar and now trades at $10.05 or 0.00115507 BTC.
  • Bitcoin Gold (BTG) traded 4.4% lower against the dollar and now trades at $75.06 or 0.00862780 BTC.
  • Zcash (ZEC) traded 3.8% lower against the dollar and now trades at $273.73 or 0.03146150 BTC.

DigiByte Profile

DigiByte is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. Its genesis date was January 10th, 2014. DigiByte’s total supply is 9,971,387,939 coins. The Reddit community for DigiByte is /r/Digibyte and the currency’s Github account can be viewed here. DigiByte’s official website is www.digibyte.io. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here.

According to CryptoCompare, “A coin that has adopted the Bitcoin “21” figure but increased the supply to 21 billion – with over 5 algorithms to mine with (Scryt, Sha-256, Qubit, Skein, Groestl) ¬†– in order to keep mining local and in the hands of many. A 60 second block target, a 0.5% premine and a block retarget every 2.4 hrs or 244 blocks. DigiByte: Refers to the entire DigiByte network or a single monetary unit on the payment network. 21 billion DigiBytes will be created over 21 years. Block: A grouping of all transactions sent over the DigiByte network within a 30 second time frame. Think of a block as an excel spreadsheet that lists the address location of all DigiBytes at a given point in time in history. New DigiBytes are brought into circulation as each block is discovered on the network through a process called mining. Mining: Mining is how transactions are processed on the network. Anyone can become a miner by donating and using their desktop, laptop or mobile phone computing power to help process transactions on the DigiByte network. ¬†DigiByte has made this process even easier with our 3 click mining software for beginners. Blockchain: The DigiByte blockchain is the entire history of all blocks discovered on the network & therefore all transactions made on the network. Each block references the proceeding block all the way back to the beginning of the network to what is known as the genesis block. By linking blocks (spreadsheets) together an accurate, secure accounting of all up to date DigiByte ownership is made by decentralized consensus. “

DigiByte Coin Trading

DigiByte can be bought or sold on these cryptocurrency exchanges: YoBit, Trade Satoshi, Cryptopia, Bittylicious, Bittrex, Livecoin, OKEx, Poloniex, CryptoBridge, Kucoin, Upbit, LiteBit.eu, Coinhouse, alcurEX, HitBTC, Bit-Z and CoinExchange. It is not currently possible to purchase DigiByte directly using U.S. dollars. Investors seeking to trade DigiByte must first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase DigiByte using one of the exchanges listed above.

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