DigiByte Hits Market Cap of $216.64 Million (DGB)

DigiByte (DGB) traded 1.6% lower against the U.S. dollar during the 1-day period ending at 10:00 AM ET on January 9th. One DigiByte coin can now be purchased for $0.0124 or 0.00000013 BTC on exchanges. In the last week, DigiByte has traded 12% lower against the U.S. dollar. DigiByte has a market capitalization of $216.64 million and $7.37 million worth of DigiByte was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded down 1.1% against the dollar and now trades at $93,760.49 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 4.3% lower against the dollar and now trades at $0.33 or 0.00000352 BTC.
• Bitcoin Cash (BCH) traded 1.7% lower against the dollar and now trades at $428.52 or 0.00457035 BTC.
• UNUS SED LEO (LEO) traded 0.4% higher against the dollar and now trades at $9.03 or 0.00009627 BTC.
• Litecoin (LTC) traded 2.5% higher against the dollar and now trades at $104.53 or 0.00111485 BTC.
• Ethereum Classic (ETC) traded 0.6% lower against the dollar and now trades at $25.25 or 0.00026928 BTC.
• Monero (XMR) traded 1.5% lower against the dollar and now trades at $195.15 or 0.00208133 BTC.
• IOTA (MIOTA) traded down 3.9% against the dollar and now trades at $0.31 or 0.00000330 BTC.
• Bitcoin SV (BSV) traded 0.3% higher against the dollar and now trades at $52.64 or 0.00056139 BTC.
• Arweave (AR) traded down 1.8% against the dollar and now trades at $15.64 or 0.00016682 BTC.

DigiByte Profile

DigiByte (CRYPTO:DGB) 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 17,467,224,346 coins. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. 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.

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.”

DigiByte Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as DigiByte directly using U.S. dollars. Investors seeking to acquire DigiByte should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy DigiByte using one of the aforementioned exchanges.

DGB/USD price chart by TradingView