DigiByte 24 Hour Volume Reaches $7.55 Million (DGB)

DigiByte (DGB) traded up 2.4% against the U.S. dollar during the one day period ending at 0:00 AM E.T. on July 8th. One DigiByte coin can currently be purchased for $0.0071 or 0.00000012 BTC on major exchanges. During the last week, DigiByte has traded down 10.5% against the U.S. dollar. DigiByte has a market capitalization of $121.08 million and $7.55 million worth of DigiByte was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded up 3.5% against the dollar and now trades at $57,237.12 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 5.3% against the dollar and now trades at $0.11 or 0.00000189 BTC.
• Bitcoin Cash (BCH) traded 8.4% higher against the dollar and now trades at $336.23 or 0.00587426 BTC.
• UNUS SED LEO (LEO) traded up 0.1% against the dollar and now trades at $5.82 or 0.00010170 BTC.
• Litecoin (LTC) traded 5.5% higher against the dollar and now trades at $65.26 or 0.00114020 BTC.
• Ethereum Classic (ETC) traded up 6.4% against the dollar and now trades at $20.71 or 0.00036181 BTC.
• Monero (XMR) traded up 4% against the dollar and now trades at $154.48 or 0.00269891 BTC.
• Arweave (AR) traded up 3% against the dollar and now trades at $22.33 or 0.00039007 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded up 6.8% against the dollar and now trades at $37.03 or 0.00064702 BTC.

About 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 17,118,210,678 coins. DigiByte’s official website is digibyte.org. The Reddit community for DigiByte is https://reddit.com/r/digibyte and the currency’s Github account can be viewed here. The official message board for DigiByte is dgbforum.com. 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 Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy DigiByte using one of the exchanges listed above.

DGB/USD price chart by TradingView