DigiByte (DGB) Trading 2.4% Higher Over Last 7 Days

DigiByte (DGB) traded 1.1% higher against the U.S. dollar during the 1-day period ending at 0:00 AM E.T. on October 12th. Over the last seven days, DigiByte has traded up 2.4% against the U.S. dollar. DigiByte has a market cap of $115.72 million and approximately $1.64 million worth of DigiByte was traded on exchanges in the last 24 hours. One DigiByte coin can now be bought for about $0.0067 or 0.00000011 BTC on cryptocurrency exchanges.

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

• Bitcoin (BTC) traded up 0.2% against the dollar and now trades at $62,769.07 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 1% against the dollar and now trades at $0.11 or 0.00000177 BTC.
• Bitcoin Cash (BCH) traded up 0.2% against the dollar and now trades at $326.22 or 0.00519712 BTC.
• UNUS SED LEO (LEO) traded 0% lower against the dollar and now trades at $6.08 or 0.00009691 BTC.
• Litecoin (LTC) traded 0.5% higher against the dollar and now trades at $65.63 or 0.00104554 BTC.
• Monero (XMR) traded 1% lower against the dollar and now trades at $151.84 or 0.00241898 BTC.
• Ethereum Classic (ETC) traded 0.6% higher against the dollar and now trades at $18.67 or 0.00029738 BTC.
• Arweave (AR) traded up 2.7% against the dollar and now trades at $19.25 or 0.00030666 BTC.
• Bitcoin SV (BSV) traded 0% lower against the dollar and now trades at $45.38 or 0.00072303 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

DigiByte Profile

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 17,302,877,051 coins. 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. The official message board for DigiByte is dgbforum.com. 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 currently possible to buy alternative cryptocurrencies such as DigiByte directly using U.S. dollars. Investors seeking to acquire DigiByte should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy DigiByte using one of the exchanges listed above.

DGB/USD price chart by TradingView