DigiByte (DGB) Market Capitalization Tops $103.77 Million

DigiByte (DGB) traded down 3.6% against the dollar during the 24-hour period ending at 18:00 PM Eastern on October 28th. One DigiByte coin can now be bought for approximately $0.0060 or 0.00000009 BTC on popular exchanges. DigiByte has a market capitalization of $103.77 million and approximately $2.34 million worth of DigiByte was traded on exchanges in the last 24 hours. Over the last seven days, DigiByte has traded 13.6% lower against the dollar.

Here is how other cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded up 2.8% against the dollar and now trades at $69,722.13 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 12.6% against the dollar and now trades at $0.16 or 0.00000229 BTC.
• Bitcoin Cash (BCH) traded up 3.3% against the dollar and now trades at $364.71 or 0.00523096 BTC.
• UNUS SED LEO (LEO) traded 0.2% lower against the dollar and now trades at $6.04 or 0.00008668 BTC.
• Litecoin (LTC) traded up 0.2% against the dollar and now trades at $70.76 or 0.00101489 BTC.
• Monero (XMR) traded 1.3% lower against the dollar and now trades at $161.83 or 0.00232109 BTC.
• Ethereum Classic (ETC) traded 2.1% higher against the dollar and now trades at $18.80 or 0.00026963 BTC.
• Arweave (AR) traded down 0.9% against the dollar and now trades at $16.14 or 0.00023152 BTC.
• Bitcoin SV (BSV) traded 10.4% higher against the dollar and now trades at $50.95 or 0.00073070 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

DigiByte Coin Profile

DigiByte (CRYPTO: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 17,332,456,553 coins. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. The official message board for DigiByte 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.

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 Gemini, Changelly or GDAX. 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