DigiByte (DGB) Trading Down 24.3% Over Last Week

DigiByte (DGB) traded 4.2% lower against the US dollar during the 1-day period ending at 10:00 AM E.T. on February 6th. During the last week, DigiByte has traded down 24.3% against the US dollar. DigiByte has a total market cap of $145.88 million and approximately $3.33 million worth of DigiByte was traded on exchanges in the last day. One DigiByte coin can now be purchased for $0.0083 or 0.00000009 BTC on popular exchanges.

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

• Bitcoin (BTC) traded 0.7% lower against the dollar and now trades at $97,692.90 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 3.8% against the dollar and now trades at $0.25 or 0.00000260 BTC.
• UNUS SED LEO (LEO) traded down 0.1% against the dollar and now trades at $9.80 or 0.00010025 BTC.
• Litecoin (LTC) traded 3.8% lower against the dollar and now trades at $103.34 or 0.00105677 BTC.
• Bitcoin Cash (BCH) traded 3.7% lower against the dollar and now trades at $322.37 or 0.00329662 BTC.
• Monero (XMR) traded 0.2% higher against the dollar and now trades at $226.68 or 0.00231809 BTC.
• Ethereum Classic (ETC) traded 4.5% lower against the dollar and now trades at $20.16 or 0.00020619 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• IOTA (MIOTA) traded down 7.7% against the dollar and now trades at $0.22 or 0.00000221 BTC.
• Bitcoin SV (BSV) traded 5.7% lower against the dollar and now trades at $39.08 or 0.00039967 BTC.

About DigiByte

DigiByte (CRYPTO:DGB) is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. It launched on January 12th, 2014. DigiByte’s total supply is 17,518,203,778 coins. The official message board for DigiByte is dgbforum.com. 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. 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 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 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