DigiByte (DGB) Trading 14.2% Lower Over Last Week

DigiByte (DGB) traded down 9.7% against the US dollar during the one day period ending at 7:00 AM Eastern on November 3rd. One DigiByte coin can now be bought for approximately $0.0053 or 0.00000008 BTC on major cryptocurrency exchanges. During the last week, DigiByte has traded down 14.2% against the US dollar. DigiByte has a market cap of $91.14 million and $2.16 million worth of DigiByte was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded down 1.8% against the dollar and now trades at $68,336.73 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 7% against the dollar and now trades at $0.15 or 0.00000217 BTC.
• Bitcoin Cash (BCH) traded down 1.9% against the dollar and now trades at $341.87 or 0.00500361 BTC.
• UNUS SED LEO (LEO) traded down 0.1% against the dollar and now trades at $6.05 or 0.00008857 BTC.
• Litecoin (LTC) traded down 5% against the dollar and now trades at $67.23 or 0.00098403 BTC.
• Monero (XMR) traded up 0.2% against the dollar and now trades at $156.68 or 0.00229312 BTC.
• Ethereum Classic (ETC) traded down 2.7% against the dollar and now trades at $17.82 or 0.00026076 BTC.
• Bitcoin SV (BSV) traded 5.2% lower against the dollar and now trades at $47.20 or 0.00069076 BTC.
• Arweave (AR) traded 6.5% lower against the dollar and now trades at $13.83 or 0.00020238 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

DigiByte Coin Profile

DGB 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 17,342,923,528 coins. 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 website is digibyte.org. The official message board for DigiByte 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 possible to buy alternative cryptocurrencies such as DigiByte directly using U.S. dollars. Investors seeking to trade DigiByte should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. 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