DigiByte (DGB) Achieves Market Capitalization of $141.66 Million

DigiByte (DGB) traded 2.2% lower against the dollar during the twenty-four hour period ending at 11:00 AM Eastern on March 18th. During the last seven days, DigiByte has traded 6% lower against the dollar. DigiByte has a market cap of $141.66 million and approximately $3.93 million worth of DigiByte was traded on exchanges in the last 24 hours. One DigiByte coin can now be bought for about $0.0081 or 0.00000010 BTC on popular exchanges.

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

• Arweave (AR) traded 2.3% lower against the dollar and now trades at $6.72 or 0.00008237 BTC.
• Bitcoin (BTC) traded down 1.4% against the dollar and now trades at $81,633.53 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 3.7% lower against the dollar and now trades at $0.16 or 0.00000201 BTC.
• UNUS SED LEO (LEO) traded down 0.8% against the dollar and now trades at $9.75 or 0.00011947 BTC.
• Litecoin (LTC) traded 4.9% lower against the dollar and now trades at $88.21 or 0.00108060 BTC.
• Bitcoin Cash (BCH) traded 1.3% lower against the dollar and now trades at $334.56 or 0.00409833 BTC.
• Monero (XMR) traded 1.6% lower against the dollar and now trades at $208.07 or 0.00254880 BTC.
• Ethereum Classic (ETC) traded 2.6% lower against the dollar and now trades at $17.39 or 0.00021302 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded 0.6% lower against the dollar and now trades at $33.65 or 0.00041223 BTC.

DigiByte Coin Profile

DigiByte (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 17,590,074,692 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 acquire DigiByte should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. 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