DigiByte Trading Down 4.6% Over Last Week (DGB)

DigiByte (DGB) traded 0.4% higher against the U.S. dollar during the twenty-four hour period ending at 17:00 PM Eastern on November 1st. Over the last seven days, DigiByte has traded 4.6% lower against the U.S. dollar. One DigiByte coin can currently be bought for $0.0059 or 0.00000008 BTC on popular cryptocurrency exchanges. DigiByte has a total market cap of $101.62 million and $1.83 million worth of DigiByte was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded 2% lower against the dollar and now trades at $69,188.86 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.8% higher against the dollar and now trades at $0.16 or 0.00000232 BTC.
• Bitcoin Cash (BCH) traded 1.1% lower against the dollar and now trades at $348.41 or 0.00503571 BTC.
• UNUS SED LEO (LEO) traded up 0% against the dollar and now trades at $6.06 or 0.00008751 BTC.
• Litecoin (LTC) traded up 2.8% against the dollar and now trades at $70.44 or 0.00101813 BTC.
• Monero (XMR) traded 0.1% lower against the dollar and now trades at $156.01 or 0.00225482 BTC.
• Ethereum Classic (ETC) traded 0.6% higher against the dollar and now trades at $18.54 or 0.00026802 BTC.
• Bitcoin SV (BSV) traded down 1.4% against the dollar and now trades at $50.10 or 0.00072408 BTC.
• Arweave (AR) traded 3.4% lower against the dollar and now trades at $14.78 or 0.00021358 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. Its genesis date was January 12th, 2014. DigiByte’s total supply is 17,339,874,542 coins. The official message board for DigiByte is dgbforum.com. 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.

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 presently 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 exchanges listed above.

DGB/USD price chart by TradingView