DigiByte (DGB) Price Down 11.9% This Week


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DigiByte (CURRENCY:DGB) traded up 6.5% against the US dollar during the 1-day period ending at 10:00 AM E.T. on January 14th. DigiByte has a total market capitalization of $390.57 million and approximately $15.90 million worth of DigiByte was traded on exchanges in the last day. Over the last week, DigiByte has traded 11.9% lower against the US dollar. One DigiByte coin can currently be bought for about $0.0280 or 0.00000070 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

  • Myriad (XMY) traded 2.5% lower against the dollar and now trades at $0.0023 or 0.00000006 BTC.
  • Primecoin (XPM) traded 5.4% higher against the dollar and now trades at $0.0557 or 0.00000140 BTC.
  • Quark (QRK) traded 32.9% lower against the dollar and now trades at $0.0068 or 0.00000017 BTC.
  • Circuits of Value (COVAL) traded 6.4% higher against the dollar and now trades at $0.0011 or 0.00000003 BTC.
  • TeeCoin (TEC) traded flat against the dollar and now trades at $0.0013 or 0.00000007 BTC.
  • Safari (SFR) traded down 49.1% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

About DigiByte

DigiByte is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. It launched on January 10th, 2014. DigiByte’s total supply is 13,939,112,849 coins. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. The Reddit community for DigiByte is /r/Digibyte and the currency’s Github account can be viewed here. The official message board for DigiByte is dgbforum.com. DigiByte’s official website is www.digibyte.io.

According to CryptoCompare, “Security: DigiByte uses five highly advanced cryptographic algorithms. Speed: DigiByte transaction notifications occur in 1-3 seconds, blocks are discovered every thirty seconds and transactions are fully confirmed every 3 minutes. Future planned upgrades will make these times even faster. Fees: Most DigiByte to DigiByte transactions are free or carry a very small network-mining fee to incentivize people to mine. Worldwide: DigiBytes are already stored, traded and transacted in over 89 countries. Decentralization: There is no need for a middleman or third party or central server. Re-Spend: Send DigiBytes you received to someone else in as little as three minutes. Finite Production: New DigiBytes are added to the network every thirty seconds through a process called mining as each new block (or grouping of transactions in a spreadsheet like format) is discovered by the network. Scarcity: 21 Billion DigiBytes will be created in 21 years. 1% Monthly New Minting Reduction: New DigiByte production decreases 1% every month. Mining: DigiByte mining is decentralized with five independent, highly secure mining algorithms. Adaptable, innovative & flexible: DigiByte is constantly adding new features & services to remain on the cutting edge of digital currency technology. Committed Development: DigiByte has been under constant, progressive development for over one year now with core development team members from all over the world. Millennial Acquisition Potential: DigiByte provides merchants, banks & other legacy institutions with a new means of acquiring & connecting with tech savvy millennial users. A Bright Future: DigiByte has many new & exciting projects underway to be released throughout 2015 to increase DigiByte utility and new user adoption across the globe. “

DigiByte Coin Trading

DigiByte can be traded on the following cryptocurrency exchanges: . It is usually not presently possible to purchase alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to acquire DigiByte should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase DigiByte using one of the aforementioned exchanges.

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