DigiByte Trading Up 5.5% Over Last Week (DGB)

DigiByte (DGB) traded 0.1% higher against the U.S. dollar during the one day period ending at 22:00 PM E.T. on July 12th. DigiByte has a market capitalization of $122.41 million and $5.66 million worth of DigiByte was traded on exchanges in the last 24 hours. Over the last week, DigiByte has traded up 5.5% against the U.S. dollar. One DigiByte coin can now be purchased for approximately $0.0071 or 0.00000012 BTC on popular cryptocurrency exchanges.

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

• Bitcoin (BTC) traded 1.5% higher against the dollar and now trades at $57,831.33 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.9% higher against the dollar and now trades at $0.11 or 0.00000186 BTC.
• Bitcoin Cash (BCH) traded up 7.9% against the dollar and now trades at $374.55 or 0.00647655 BTC.
• UNUS SED LEO (LEO) traded 1.8% lower against the dollar and now trades at $5.75 or 0.00009941 BTC.
• Litecoin (LTC) traded 2.7% higher against the dollar and now trades at $69.62 or 0.00120392 BTC.
• Ethereum Classic (ETC) traded 3.4% higher against the dollar and now trades at $21.49 or 0.00037159 BTC.
• Monero (XMR) traded 1% higher against the dollar and now trades at $160.06 or 0.00276771 BTC.
• Arweave (AR) traded 2.1% lower against the dollar and now trades at $23.94 or 0.00041401 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded up 4.5% against the dollar and now trades at $39.50 or 0.00068303 BTC.

DigiByte Profile

DigiByte (CRYPTO:DGB) is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. It was first traded on January 12th, 2014. DigiByte’s total supply is 17,125,850,440 coins. The official website for DigiByte is digibyte.org. 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 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 presently possible to buy alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to trade DigiByte should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy DigiByte using one of the exchanges listed above.

DGB/USD price chart by TradingView