DigiByte (DGB) 1-Day Volume Reaches $6.80 Million

DigiByte (DGB) traded 2.3% higher against the US dollar during the twenty-four hour period ending at 13:00 PM Eastern on November 13th. One DigiByte coin can currently be bought for $0.0090 or 0.00000009 BTC on popular exchanges. DigiByte has a total market cap of $161.77 million and approximately $6.80 million worth of DigiByte was traded on exchanges in the last 24 hours. Over the last seven days, DigiByte has traded down 15.1% against the US dollar.

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

• Arweave (AR) traded 2.5% lower against the dollar and now trades at $4.67 or 0.00004660 BTC.
• Bitcoin (BTC) traded down 2.2% against the dollar and now trades at $100,222.22 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.2% lower against the dollar and now trades at $0.17 or 0.00000168 BTC.
• Bitcoin Cash (BCH) traded 1.6% higher against the dollar and now trades at $513.92 or 0.00512924 BTC.
• UNUS SED LEO (LEO) traded 1.4% higher against the dollar and now trades at $9.13 or 0.00009115 BTC.
• Zcash (ZEC) traded up 6.4% against the dollar and now trades at $484.31 or 0.00483364 BTC.
• Litecoin (LTC) traded up 1.3% against the dollar and now trades at $96.86 or 0.00096670 BTC.
• Monero (XMR) traded 3% lower against the dollar and now trades at $375.08 or 0.00374352 BTC.
• Ethereum Classic (ETC) traded down 0.3% against the dollar and now trades at $15.16 or 0.00015130 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 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 17,999,546,010 coins. The official message board for DigiByte is dgbforum.com. 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. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible 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 possible to purchase alternative cryptocurrencies such as DigiByte directly using U.S. dollars. Investors seeking to trade DigiByte should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase DigiByte using one of the aforementioned exchanges.

DGB/USD price chart by TradingView