DigiByte Trading Up 14.5% This Week (DGB)

DigiByte (DGB) traded up 2.8% against the US dollar during the 24 hour period ending at 17:00 PM Eastern on August 12th. One DigiByte coin can currently be bought for approximately $0.0067 or 0.00000011 BTC on major cryptocurrency exchanges. DigiByte has a total market capitalization of $115.71 million and $6.08 million worth of DigiByte was traded on exchanges in the last day. In the last seven days, DigiByte has traded 14.5% higher against the US dollar.

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

• Bitcoin (BTC) traded 0.5% lower against the dollar and now trades at $58,864.47 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 3.7% against the dollar and now trades at $0.11 or 0.00000179 BTC.
• Bitcoin Cash (BCH) traded up 2.7% against the dollar and now trades at $341.73 or 0.00580543 BTC.
• UNUS SED LEO (LEO) traded down 0% against the dollar and now trades at $5.81 or 0.00009871 BTC.
• Litecoin (LTC) traded 2.7% higher against the dollar and now trades at $60.97 or 0.00103584 BTC.
• Ethereum Classic (ETC) traded 1.7% higher against the dollar and now trades at $18.87 or 0.00032048 BTC.
• Monero (XMR) traded 0.6% higher against the dollar and now trades at $149.66 or 0.00254244 BTC.
• Arweave (AR) traded 3.7% higher against the dollar and now trades at $20.79 or 0.00035318 BTC.
• Bitcoin SV (BSV) traded up 4.3% against the dollar and now trades at $41.61 or 0.00070679 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

About DigiByte

DigiByte 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 17,185,788,344 coins. 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. DigiByte’s official message board is dgbforum.com. 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 purchase alternative cryptocurrencies such as DigiByte directly using U.S. dollars. Investors seeking to acquire DigiByte should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase DigiByte using one of the exchanges listed above.

DGB/USD price chart by TradingView