DigiByte (DGB) Trading Down 10.5% Over Last Week

DigiByte (DGB) traded 3.3% higher against the U.S. dollar during the twenty-four hour period ending at 10:00 AM ET on January 25th. One DigiByte coin can currently be bought for $0.0112 or 0.00000011 BTC on popular exchanges. DigiByte has a market capitalization of $195.70 million and approximately $7.71 million worth of DigiByte was traded on exchanges in the last 24 hours. During the last seven days, DigiByte has traded 10.5% lower against the U.S. dollar.

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

• Bitcoin (BTC) traded down 1.3% against the dollar and now trades at $104,486.40 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 3.4% lower against the dollar and now trades at $0.35 or 0.00000335 BTC.
• Litecoin (LTC) traded 4.5% higher against the dollar and now trades at $127.20 or 0.00121738 BTC.
• UNUS SED LEO (LEO) traded up 0.7% against the dollar and now trades at $9.80 or 0.00009378 BTC.
• Bitcoin Cash (BCH) traded down 0.3% against the dollar and now trades at $439.89 or 0.00421000 BTC.
• Ethereum Classic (ETC) traded down 4.9% against the dollar and now trades at $26.90 or 0.00025743 BTC.
• Monero (XMR) traded down 1.6% against the dollar and now trades at $217.96 or 0.00208597 BTC.
• IOTA (MIOTA) traded 4% lower against the dollar and now trades at $0.32 or 0.00000308 BTC.
• Bitcoin SV (BSV) traded down 0.2% against the dollar and now trades at $52.13 or 0.00049896 BTC.
• Arweave (AR) traded down 4% against the dollar and now trades at $14.48 or 0.00013857 BTC.

DigiByte Coin Profile

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 17,496,365,552 coins. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. The official website for DigiByte is digibyte.org. DigiByte’s official message board is dgbforum.com. The Reddit community for DigiByte is https://reddit.com/r/digibyte and the currency’s Github account can be viewed 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.”

DigiByte Coin Trading

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

DGB/USD price chart by TradingView