DigiByte Price Down 3.3% Over Last 7 Days (DGB)

DigiByte (DGB) traded 0.5% higher against the dollar during the 24-hour period ending at 23:00 PM Eastern on May 26th. One DigiByte coin can now be bought for $0.0078 or 0.00000029 BTC on popular exchanges. During the last week, DigiByte has traded 3.3% lower against the dollar. DigiByte has a total market cap of $126.76 million and $1.51 million worth of DigiByte was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded 1.2% higher against the dollar and now trades at $26,733.46 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.9% higher against the dollar and now trades at $0.0713 or 0.00000267 BTC.
• Litecoin (LTC) traded 0.9% higher against the dollar and now trades at $87.80 or 0.00328421 BTC.
• UNUS SED LEO (LEO) traded 2.4% lower against the dollar and now trades at $3.51 or 0.00013127 BTC.
• Monero (XMR) traded up 0.1% against the dollar and now trades at $151.17 or 0.00565481 BTC.
• Ethereum Classic (ETC) traded 1.6% higher against the dollar and now trades at $18.01 or 0.00067379 BTC.
• Bitcoin Cash (BCH) traded 1.1% higher against the dollar and now trades at $113.45 or 0.00424369 BTC.
• DEI (DEI) traded up 0.4% against the dollar and now trades at $0.20 or 0.00000749 BTC.
• Pax Dollar (USDP) traded up 0.2% against the dollar and now trades at $0.99 or 0.00003719 BTC.
• Conflux (CFX) traded 0.8% lower against the dollar and now trades at $0.30 or 0.00001137 BTC.

DigiByte Coin Profile

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 16,254,070,486 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 website for DigiByte is digibyte.org. DigiByte’s official message board is dgbforum.com.

According to CryptoCompare, “A coin that has adopted the Bitcoin “21” figure but increased the supply to 21 billion – with over 5 algorithms to mine with (Scryt, Sha-256, Qubit, Skein, Groestl)  – in order to keep mining local and in the hands of many. A 60 second block target, a 0.5% premine and a block retarget every 2.4 hrs or 244 blocks.
DigiByte: Refers to the entire DigiByte network or a single monetary unit on the payment network. 21 billion DigiBytes will be created over 21 years.
Block: A grouping of all transactions sent over the DigiByte network within a 30 second time frame. Think of a block as an excel spreadsheet that lists the address location of all DigiBytes at a given point in time in history. New DigiBytes are brought into circulation as each block is discovered on the network through a process called mining.
Mining: Mining is how transactions are processed on the network. Anyone can become a miner by donating and using their desktop, laptop or mobile phone computing power to help process transactions on the DigiByte network.  DigiByte has made this process even easier with our 3 click mining software for beginners.
Blockchain: The DigiByte blockchain is the entire history of all blocks discovered on the network & therefore all transactions made on the network. Each block references the proceeding block all the way back to the beginning of the network to what is known as the genesis block. By linking blocks (spreadsheets) together an accurate, secure accounting of all up to date DigiByte ownership is made by decentralized consensus.”

DigiByte Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to acquire DigiByte should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase DigiByte using one of the aforementioned exchanges.

DGB/USD price chart by TradingView