DigiByte Market Cap Reaches $97.86 Million (DGB)

DigiByte (DGB) traded down 2.9% against the dollar during the 24 hour period ending at 19:00 PM E.T. on November 2nd. During the last week, DigiByte has traded down 6.7% against the dollar. DigiByte has a total market cap of $97.86 million and approximately $1.59 million worth of DigiByte was traded on exchanges in the last 24 hours. One DigiByte coin can now be bought for $0.0056 or 0.00000008 BTC on major exchanges.

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

• Bitcoin (BTC) traded 0.4% lower against the dollar and now trades at $69,272.32 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 0.3% against the dollar and now trades at $0.16 or 0.00000228 BTC.
• Bitcoin Cash (BCH) traded up 0.9% against the dollar and now trades at $352.20 or 0.00508431 BTC.
• UNUS SED LEO (LEO) traded 0.1% higher against the dollar and now trades at $6.05 or 0.00008738 BTC.
• Litecoin (LTC) traded 1.6% lower against the dollar and now trades at $69.15 or 0.00099819 BTC.
• Monero (XMR) traded down 1.5% against the dollar and now trades at $153.65 or 0.00221802 BTC.
• Ethereum Classic (ETC) traded 2% lower against the dollar and now trades at $18.07 or 0.00026087 BTC.
• Bitcoin SV (BSV) traded down 2.1% against the dollar and now trades at $48.83 or 0.00070492 BTC.
• Arweave (AR) traded 1.3% lower against the dollar and now trades at $14.33 or 0.00020691 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

DigiByte Coin Profile

DigiByte is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. Its genesis date was January 12th, 2014. DigiByte’s total supply is 17,341,941,712 coins. DigiByte’s official website 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. The official message board for DigiByte 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.”

Buying and Selling DigiByte

It is usually not currently possible to buy alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to acquire DigiByte should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. 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