DigiByte (DGB) Market Capitalization Tops $199.41 Million

DigiByte (DGB) traded 1.3% higher against the US dollar during the 24 hour period ending at 20:00 PM ET on May 24th. Over the last seven days, DigiByte has traded 2.1% lower against the US dollar. One DigiByte coin can now be bought for about $0.0117 or 0.00000017 BTC on popular exchanges. DigiByte has a market cap of $199.41 million and approximately $8.08 million worth of DigiByte was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded 1% higher against the dollar and now trades at $68,526.91 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 2.7% against the dollar and now trades at $0.16 or 0.00000239 BTC.
• Bitcoin Cash (BCH) traded up 0.9% against the dollar and now trades at $495.02 or 0.00722367 BTC.
• Litecoin (LTC) traded down 0.5% against the dollar and now trades at $84.96 or 0.00123975 BTC.
• UNUS SED LEO (LEO) traded down 0% against the dollar and now trades at $5.99 or 0.00008741 BTC.
• Ethereum Classic (ETC) traded down 2.3% against the dollar and now trades at $31.60 or 0.00046119 BTC.
• Arweave (AR) traded down 0.6% against the dollar and now trades at $40.82 or 0.00059568 BTC.
• Monero (XMR) traded 1.6% higher against the dollar and now trades at $141.06 or 0.00205841 BTC.
• Bitcoin SV (BSV) traded 1.1% lower against the dollar and now trades at $63.24 or 0.00092280 BTC.
• eCash (XEC) traded 1.6% higher 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. It was first traded on January 12th, 2014. DigiByte’s total supply is 17,029,017,759 coins. DigiByte’s official website is digibyte.org. DigiByte’s official message board is dgbforum.com. 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.

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 purchase alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to trade DigiByte should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. 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