DigiByte (DGB) Market Capitalization Achieves $246.86 Million

DigiByte (DGB) traded 27.3% higher against the dollar during the 24-hour period ending at 15:00 PM Eastern on May 6th. One DigiByte coin can now be purchased for approximately $0.0145 or 0.00000023 BTC on popular exchanges. DigiByte has a total market capitalization of $246.86 million and approximately $43.94 million worth of DigiByte was traded on exchanges in the last day. In the last week, DigiByte has traded up 30.5% against the dollar.

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

• Bitcoin (BTC) traded down 0.9% against the dollar and now trades at $63,429.79 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 3.8% against the dollar and now trades at $0.16 or 0.00000247 BTC.
• Bitcoin Cash (BCH) traded 2% higher against the dollar and now trades at $475.83 or 0.00750172 BTC.
• Litecoin (LTC) traded 0.1% higher against the dollar and now trades at $81.49 or 0.00128476 BTC.
• UNUS SED LEO (LEO) traded down 0.9% against the dollar and now trades at $5.79 or 0.00009133 BTC.
• Ethereum Classic (ETC) traded 0.7% lower against the dollar and now trades at $27.37 or 0.00043151 BTC.
• Arweave (AR) traded up 2.5% against the dollar and now trades at $40.47 or 0.00063799 BTC.
• Monero (XMR) traded 0.1% lower against the dollar and now trades at $131.35 or 0.00207072 BTC.
• Bitcoin SV (BSV) traded 0.4% lower against the dollar and now trades at $64.52 or 0.00101715 BTC.
• eCash (XEC) traded down 1.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

DigiByte Coin 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 16,992,593,192 coins. The official website for DigiByte is digibyte.org. The Reddit community for DigiByte is https://reddit.com/r/digibyte and the currency’s Github account can be viewed here. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible 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.”

DigiByte Coin Trading

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