DigiByte Price Down 14.1% Over Last Week (DGB)

DigiByte (DGB) traded down 5.3% against the U.S. dollar during the 1 day period ending at 14:00 PM E.T. on July 4th. One DigiByte coin can currently be bought for $0.0071 or 0.00000012 BTC on popular exchanges. DigiByte has a market capitalization of $121.83 million and approximately $7.08 million worth of DigiByte was traded on exchanges in the last day. During the last seven days, DigiByte has traded 14.1% lower against the U.S. dollar.

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

• Bitcoin (BTC) traded down 3.4% against the dollar and now trades at $58,080.56 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 9.5% lower against the dollar and now trades at $0.11 or 0.00000185 BTC.
• Bitcoin Cash (BCH) traded down 8.7% against the dollar and now trades at $341.99 or 0.00588813 BTC.
• UNUS SED LEO (LEO) traded 0.4% lower against the dollar and now trades at $5.76 or 0.00009920 BTC.
• Litecoin (LTC) traded 9.1% lower against the dollar and now trades at $67.57 or 0.00116344 BTC.
• Ethereum Classic (ETC) traded 5.3% lower against the dollar and now trades at $21.38 or 0.00036812 BTC.
• Monero (XMR) traded 5.7% lower against the dollar and now trades at $156.82 or 0.00270012 BTC.
• Arweave (AR) traded 11.1% lower against the dollar and now trades at $23.42 or 0.00040330 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded down 11.2% against the dollar and now trades at $37.88 or 0.00065214 BTC.

DigiByte Coin Profile

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 17,109,504,642 coins. The official website for DigiByte is digibyte.org. 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. 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 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 Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase DigiByte using one of the exchanges listed above.

DGB/USD price chart by TradingView