DigiByte (DGB) Reaches 1-Day Volume of $1.98 Million

DigiByte (DGB) traded 0.6% lower against the U.S. dollar during the twenty-four hour period ending at 10:00 AM E.T. on September 18th. DigiByte has a total market capitalization of $110.64 million and approximately $1.98 million worth of DigiByte was traded on exchanges in the last 24 hours. During the last seven days, DigiByte has traded 2.2% higher against the U.S. dollar. One DigiByte coin can now be purchased for $0.0064 or 0.00000011 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded 1% lower against the dollar and now trades at $59,541.89 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 0.5% against the dollar and now trades at $0.10 or 0.00000168 BTC.
• Bitcoin Cash (BCH) traded 2.2% lower against the dollar and now trades at $309.03 or 0.00519018 BTC.
• UNUS SED LEO (LEO) traded down 1% against the dollar and now trades at $5.63 or 0.00009457 BTC.
• Litecoin (LTC) traded 0.6% lower against the dollar and now trades at $62.81 or 0.00105485 BTC.
• Monero (XMR) traded up 0% against the dollar and now trades at $171.55 or 0.00288109 BTC.
• Ethereum Classic (ETC) traded 2.1% lower against the dollar and now trades at $17.55 or 0.00029472 BTC.
• Arweave (AR) traded down 3% against the dollar and now trades at $18.17 or 0.00030518 BTC.
• Bitcoin SV (BSV) traded 3.6% lower against the dollar and now trades at $45.37 or 0.00076198 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

DigiByte Coin Profile

DigiByte (DGB) 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 17,256,284,736 coins. The official website for DigiByte is digibyte.org. The Reddit community for DigiByte is https://reddit.com/r/digibyte and the currency’s Github account can be viewed here. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible 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.”

Buying and Selling DigiByte

It is usually not presently 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 Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase DigiByte using one of the aforementioned exchanges.

DGB/USD price chart by TradingView