DigiByte Price Down 9.7% Over Last Week (DGB)

DigiByte (DGB) traded 3.6% higher against the US dollar during the 1-day period ending at 12:00 PM E.T. on October 29th. DigiByte has a total market cap of $107.35 million and approximately $816,800.87 worth of DigiByte was traded on exchanges in the last 24 hours. One DigiByte coin can now be purchased for about $0.0062 or 0.00000009 BTC on cryptocurrency exchanges. During the last seven days, DigiByte has traded down 9.7% against the US dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded up 5.6% against the dollar and now trades at $72,400.13 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 18.3% against the dollar and now trades at $0.17 or 0.00000238 BTC.
• Bitcoin Cash (BCH) traded 7.5% higher against the dollar and now trades at $386.97 or 0.00534270 BTC.
• UNUS SED LEO (LEO) traded up 0.1% against the dollar and now trades at $6.06 or 0.00008365 BTC.
• Litecoin (LTC) traded up 4.7% against the dollar and now trades at $73.21 or 0.00101070 BTC.
• Monero (XMR) traded up 2.4% against the dollar and now trades at $165.32 or 0.00228253 BTC.
• Ethereum Classic (ETC) traded up 5.1% against the dollar and now trades at $19.32 or 0.00026680 BTC.
• Arweave (AR) traded 9.9% higher against the dollar and now trades at $16.79 or 0.00023176 BTC.
• Bitcoin SV (BSV) traded 4.7% higher against the dollar and now trades at $52.24 or 0.00072120 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

About DigiByte

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 17,333,865,825 coins. DigiByte’s official message board is dgbforum.com. 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.

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 trade DigiByte should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase DigiByte using one of the aforementioned exchanges.

DGB/USD price chart by TradingView