DigiByte 24-Hour Volume Tops $1.79 Million (DGB)

DigiByte (DGB) traded up 1.8% against the U.S. dollar during the 1 day period ending at 7:00 AM Eastern on February 17th. One DigiByte coin can now be purchased for $0.0041 or 0.00000006 BTC on cryptocurrency exchanges. Over the last week, DigiByte has traded 0% higher against the U.S. dollar. DigiByte has a total market capitalization of $73.23 million and $1.79 million worth of DigiByte was traded on exchanges in the last 24 hours.

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

• Arweave (AR) traded 0.3% higher against the dollar and now trades at $2.02 or 0.00002965 BTC.
• Bitcoin (BTC) traded 2.5% lower against the dollar and now trades at $68,045.24 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 2.7% lower against the dollar and now trades at $0.0991 or 0.00000146 BTC.
• Bitcoin Cash (BCH) traded 0.4% higher against the dollar and now trades at $561.52 or 0.00825217 BTC.
• UNUS SED LEO (LEO) traded up 2.4% against the dollar and now trades at $8.69 or 0.00012764 BTC.
• Monero (XMR) traded 0.8% higher against the dollar and now trades at $331.67 or 0.00487431 BTC.
• Zcash (ZEC) traded down 1.3% against the dollar and now trades at $291.93 or 0.00429016 BTC.
• Litecoin (LTC) traded up 1.7% against the dollar and now trades at $54.87 or 0.00080637 BTC.
• Ethereum Classic (ETC) traded 0.3% lower against the dollar and now trades at $8.68 or 0.00012759 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

DigiByte Profile

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 18,152,954,578 coins and its circulating supply is 18,080,540,706 coins. The Reddit community for DigiByte is https://reddit.com/r/digibyte and the currency’s Github account can be viewed here. The official website for DigiByte is digibyte.org. 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.”

Buying and Selling DigiByte

It is usually not possible to buy alternative cryptocurrencies such as DigiByte directly using U.S. dollars. Investors seeking to trade DigiByte should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy DigiByte using one of the exchanges listed above.

DGB/USD price chart by TradingView