DigiByte Achieves Market Cap of $204.37 Million (DGB)

DigiByte (DGB) traded up 2% against the US dollar during the 24-hour period ending at 15:00 PM Eastern on April 27th. One DigiByte coin can currently be purchased for about $0.0120 or 0.00000019 BTC on popular exchanges. DigiByte has a total market cap of $204.37 million and $8.25 million worth of DigiByte was traded on exchanges in the last day. During the last week, DigiByte has traded down 10.5% against the US dollar.

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

• Bitcoin (BTC) traded 1% lower against the dollar and now trades at $63,311.63 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.2% lower against the dollar and now trades at $0.15 or 0.00000233 BTC.
• Bitcoin Cash (BCH) traded down 3% against the dollar and now trades at $475.96 or 0.00751773 BTC.
• Litecoin (LTC) traded down 4.5% against the dollar and now trades at $84.05 or 0.00132762 BTC.
• UNUS SED LEO (LEO) traded up 1.1% against the dollar and now trades at $5.83 or 0.00009206 BTC.
• Ethereum Classic (ETC) traded down 0.3% against the dollar and now trades at $27.58 or 0.00043556 BTC.
• Monero (XMR) traded 0.5% higher against the dollar and now trades at $120.91 or 0.00190977 BTC.
• Arweave (AR) traded 8.7% higher against the dollar and now trades at $33.74 or 0.00053298 BTC.
• Bitcoin SV (BSV) traded 1.4% higher against the dollar and now trades at $67.25 or 0.00106226 BTC.
• eCash (XEC) traded 1.5% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.

DigiByte 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 16,974,834,483 coins. 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. DigiByte’s official website is digibyte.org. DigiByte’s official message board is dgbforum.com.

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 buy alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to trade DigiByte should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. 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