DigiByte (DGB) Market Cap Achieves $90.92 Million

DigiByte (DGB) traded 7.2% lower against the dollar during the one day period ending at 19:00 PM Eastern on November 3rd. One DigiByte coin can currently be purchased for $0.0052 or 0.00000008 BTC on popular exchanges. Over the last week, DigiByte has traded 14.8% lower against the dollar. DigiByte has a market capitalization of $90.92 million and approximately $2.88 million worth of DigiByte was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded down 1.1% against the dollar and now trades at $68,511.32 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 5.9% against the dollar and now trades at $0.15 or 0.00000218 BTC.
• Bitcoin Cash (BCH) traded down 4.3% against the dollar and now trades at $338.27 or 0.00493743 BTC.
• UNUS SED LEO (LEO) traded 0.1% lower against the dollar and now trades at $6.05 or 0.00008826 BTC.
• Litecoin (LTC) traded down 3.7% against the dollar and now trades at $66.66 or 0.00097298 BTC.
• Monero (XMR) traded up 1% against the dollar and now trades at $156.72 or 0.00228750 BTC.
• Ethereum Classic (ETC) traded down 2.1% against the dollar and now trades at $17.77 or 0.00025931 BTC.
• Bitcoin SV (BSV) traded 4.4% lower against the dollar and now trades at $46.84 or 0.00068372 BTC.
• Arweave (AR) traded down 5.1% against the dollar and now trades at $13.75 or 0.00020074 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

About DigiByte

DigiByte is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. Its launch date was January 12th, 2014. DigiByte’s total supply is 17,343,893,011 coins. DigiByte’s official website is digibyte.org. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. The Reddit community for DigiByte is https://reddit.com/r/digibyte and the currency’s Github account can be viewed 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.”

DigiByte Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to acquire DigiByte should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy DigiByte using one of the aforementioned exchanges.

DGB/USD price chart by TradingView