DigiByte (DGB) Market Cap Hits $200.13 Million

DigiByte (DGB) traded 0.6% higher against the dollar during the twenty-four hour period ending at 19:00 PM ET on May 25th. Over the last week, DigiByte has traded down 0.4% against the dollar. One DigiByte coin can currently be purchased for $0.0118 or 0.00000017 BTC on popular cryptocurrency exchanges. DigiByte has a market capitalization of $200.13 million and $6.06 million worth of DigiByte was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded 1.1% higher against the dollar and now trades at $69,101.53 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 3.4% higher against the dollar and now trades at $0.17 or 0.00000245 BTC.
• Bitcoin Cash (BCH) traded down 1.1% against the dollar and now trades at $491.85 or 0.00711782 BTC.
• Litecoin (LTC) traded down 0.1% against the dollar and now trades at $84.76 or 0.00122656 BTC.
• UNUS SED LEO (LEO) traded 0.1% lower against the dollar and now trades at $5.97 or 0.00008640 BTC.
• Ethereum Classic (ETC) traded 0.4% lower against the dollar and now trades at $31.51 or 0.00045598 BTC.
• Arweave (AR) traded down 1.4% against the dollar and now trades at $40.01 or 0.00057907 BTC.
• Monero (XMR) traded 0.5% lower against the dollar and now trades at $141.27 or 0.00204444 BTC.
• Bitcoin SV (BSV) traded 1.5% higher against the dollar and now trades at $63.77 or 0.00092284 BTC.
• eCash (XEC) traded 0.3% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.

About DigiByte

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 17,030,996,888 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. DigiByte’s official website 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.”

Buying and Selling DigiByte

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