DigiByte Market Cap Hits $207.88 Million (DGB)

DigiByte (DGB) traded 1.5% lower against the US dollar during the 1 day period ending at 21:00 PM Eastern on April 17th. One DigiByte coin can currently be bought for about $0.0123 or 0.00000020 BTC on major cryptocurrency exchanges. During the last seven days, DigiByte has traded down 23.2% against the US dollar. DigiByte has a total market cap of $207.88 million and $10.69 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 3.7% lower against the dollar and now trades at $61,453.15 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 5.1% lower against the dollar and now trades at $0.15 or 0.00000239 BTC.
• Bitcoin Cash (BCH) traded down 3.6% against the dollar and now trades at $464.60 or 0.00756025 BTC.
• Litecoin (LTC) traded up 0.9% against the dollar and now trades at $80.35 or 0.00130752 BTC.
• UNUS SED LEO (LEO) traded down 0.2% against the dollar and now trades at $5.85 or 0.00009520 BTC.
• Ethereum Classic (ETC) traded down 2.6% against the dollar and now trades at $25.48 or 0.00041457 BTC.
• Monero (XMR) traded 4.2% lower against the dollar and now trades at $117.13 or 0.00190606 BTC.
• Arweave (AR) traded up 0.3% against the dollar and now trades at $24.57 or 0.00039979 BTC.
• Bitcoin SV (BSV) traded down 2.2% against the dollar and now trades at $65.30 or 0.00106268 BTC.
• eCash (XEC) traded 4.6% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

About DigiByte

DigiByte 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 16,955,043,484 coins. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. DigiByte’s official website is digibyte.org. 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.

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 presently possible to purchase alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to acquire DigiByte should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini 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