DigiByte Trading Down 12.8% This Week (DGB)

DigiByte (DGB) traded 0.9% lower against the U.S. dollar during the 1-day period ending at 22:00 PM E.T. on June 16th. DigiByte has a market cap of $153.76 million and approximately $5.36 million worth of DigiByte was traded on exchanges in the last day. One DigiByte coin can currently be bought for about $0.0090 or 0.00000014 BTC on major cryptocurrency exchanges. Over the last seven days, DigiByte has traded down 12.8% against the U.S. dollar.

Here is how other cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded up 0.3% against the dollar and now trades at $66,365.28 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0% lower against the dollar and now trades at $0.14 or 0.00000205 BTC.
• Bitcoin Cash (BCH) traded 1.6% lower against the dollar and now trades at $423.34 or 0.00637898 BTC.
• Litecoin (LTC) traded down 1.2% against the dollar and now trades at $78.46 or 0.00118223 BTC.
• UNUS SED LEO (LEO) traded 0.1% lower against the dollar and now trades at $5.90 or 0.00008897 BTC.
• Ethereum Classic (ETC) traded 1.1% lower against the dollar and now trades at $25.17 or 0.00037921 BTC.
• Monero (XMR) traded 1% higher against the dollar and now trades at $175.07 or 0.00263791 BTC.
• Arweave (AR) traded 0.5% lower against the dollar and now trades at $27.92 or 0.00042074 BTC.
• Bitcoin SV (BSV) traded 1.6% lower against the dollar and now trades at $48.59 or 0.00073213 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

About DigiByte

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 17,074,877,938 coins and its circulating supply is 17,074,878,281 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 currently 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, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase DigiByte using one of the exchanges listed above.

DGB/USD price chart by TradingView