DigiByte Hits 24 Hour Trading Volume of $6.15 Million (DGB)

DigiByte (DGB) traded 2.5% lower against the U.S. dollar during the 1 day period ending at 17:00 PM Eastern on July 30th. One DigiByte coin can currently be purchased for $0.0073 or 0.00000011 BTC on popular cryptocurrency exchanges. During the last week, DigiByte has traded 3.2% lower against the U.S. dollar. DigiByte has a market cap of $125.46 million and $6.15 million worth of DigiByte was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded 2% lower against the dollar and now trades at $66,091.99 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 3.1% against the dollar and now trades at $0.13 or 0.00000190 BTC.
• Bitcoin Cash (BCH) traded down 2.4% against the dollar and now trades at $433.04 or 0.00655438 BTC.
• Litecoin (LTC) traded 3% lower against the dollar and now trades at $71.91 or 0.00108843 BTC.
• UNUS SED LEO (LEO) traded down 0.7% against the dollar and now trades at $5.67 or 0.00008584 BTC.
• Ethereum Classic (ETC) traded down 2.8% against the dollar and now trades at $22.28 or 0.00033716 BTC.
• Monero (XMR) traded down 3.1% against the dollar and now trades at $157.37 or 0.00238195 BTC.
• Arweave (AR) traded down 6.3% against the dollar and now trades at $29.13 or 0.00044088 BTC.
• Bitcoin SV (BSV) traded 1.3% lower against the dollar and now trades at $51.55 or 0.00078029 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

DigiByte Profile

DigiByte 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 17,160,464,564 coins. 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. The official website for DigiByte is digibyte.org. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible 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 U.S. dollars. Investors seeking to trade DigiByte should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. 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