DigiByte Market Cap Achieves $105.36 Million (DGB)

DigiByte (DGB) traded 0.3% higher against the U.S. dollar during the 24-hour period ending at 23:00 PM ET on October 27th. DigiByte has a market capitalization of $105.36 million and $1.88 million worth of DigiByte was traded on exchanges in the last day. During the last seven days, DigiByte has traded 13.9% lower against the U.S. dollar. One DigiByte coin can now be purchased for $0.0061 or 0.00000009 BTC on popular exchanges.

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

• Bitcoin (BTC) traded up 1.2% against the dollar and now trades at $67,873.29 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 5% higher against the dollar and now trades at $0.14 or 0.00000213 BTC.
• Bitcoin Cash (BCH) traded down 0.3% against the dollar and now trades at $349.29 or 0.00514626 BTC.
• UNUS SED LEO (LEO) traded 0.3% lower against the dollar and now trades at $6.06 or 0.00008923 BTC.
• Litecoin (LTC) traded 3.3% higher against the dollar and now trades at $70.87 or 0.00104416 BTC.
• Monero (XMR) traded 0.8% higher against the dollar and now trades at $163.53 or 0.00240928 BTC.
• Ethereum Classic (ETC) traded up 1.2% against the dollar and now trades at $18.33 or 0.00027014 BTC.
• Arweave (AR) traded down 1.1% against the dollar and now trades at $15.92 or 0.00023458 BTC.
• Bitcoin SV (BSV) traded 0.7% higher against the dollar and now trades at $45.77 or 0.00067435 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. Its launch date was January 12th, 2014. DigiByte’s total supply is 17,331,012,877 coins. 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. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible 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 possible to purchase alternative cryptocurrencies such as DigiByte directly using U.S. dollars. Investors seeking to trade DigiByte should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX 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