DigiByte Reaches Market Cap of $85.32 Million (DGB)

DigiByte (CURRENCY:DGB) traded 1% higher against the US dollar during the 1-day period ending at 0:00 AM E.T. on October 24th. In the last seven days, DigiByte has traded down 13.2% against the US dollar. One DigiByte coin can now be purchased for about $0.0069 or 0.00000092 BTC on popular cryptocurrency exchanges including cfinex, Cryptopia, Upbit and Kucoin. DigiByte has a total market cap of $85.32 million and approximately $2.71 million worth of DigiByte was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

  • Primecoin (XPM) traded 3.3% lower against the dollar and now trades at $0.0851 or 0.00001135 BTC.
  • Quark (QRK) traded 0.6% higher against the dollar and now trades at $0.0061 or 0.00000081 BTC.
  • Myriad (XMY) traded 0.5% higher against the dollar and now trades at $0.0007 or 0.00000010 BTC.
  • Circuits of Value (COVAL) traded flat against the dollar and now trades at $0.0009 or 0.00000010 BTC.
  • HunterCoin (HUC) traded flat against the dollar and now trades at $0.0027 or 0.00000036 BTC.
  • Joincoin (J) traded up 10.3% against the dollar and now trades at $0.0083 or 0.00000111 BTC.
  • BitQuark (BTQ) traded flat against the dollar and now trades at $0.0006 or 0.00000015 BTC.

DigiByte Profile

DGB is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. It launched on January 12th, 2014. DigiByte’s total supply is 12,413,989,414 coins. The Reddit community for DigiByte is /r/Digibyte and the currency’s Github account can be viewed here. DigiByte’s official website is www.digibyte.io. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here.

According to CryptoCompare, “Security: DigiByte uses five highly advanced cryptographic algorithms. Speed: DigiByte transaction notifications occur in 1-3 seconds, blocks are discovered every thirty seconds and transactions are fully confirmed every 3 minutes. Future planned upgrades will make these times even faster. Fees: Most DigiByte to DigiByte transactions are free or carry a very small network-mining fee to incentivize people to mine. Worldwide: DigiBytes are already stored, traded and transacted in over 89 countries. Decentralization: There is no need for a middleman or third party or central server. Re-Spend: Send DigiBytes you received to someone else in as little as three minutes. Finite Production: New DigiBytes are added to the network every thirty seconds through a process called mining as each new block (or grouping of transactions in a spreadsheet like format) is discovered by the network. Scarcity: 21 Billion DigiBytes will be created in 21 years. 1% Monthly New Minting Reduction: New DigiByte production decreases 1% every month. Mining: DigiByte mining is decentralized with five independent, highly secure mining algorithms. Adaptable, innovative & flexible: DigiByte is constantly adding new features & services to remain on the cutting edge of digital currency technology. Committed Development: DigiByte has been under constant, progressive development for over one year now with core development team members from all over the world. Millennial Acquisition Potential: DigiByte provides merchants, banks & other legacy institutions with a new means of acquiring & connecting with tech savvy millennial users. A Bright Future: DigiByte has many new & exciting projects underway to be released throughout 2015 to increase DigiByte utility and new user adoption across the globe. “

DigiByte Coin Trading

DigiByte can be purchased on the following cryptocurrency exchanges: Trade By Trade, Kucoin, C-Patex, CoinExchange, cfinex, Sistemkoin, Trade Satoshi, CryptoBridge, Huobi, BiteBTC, Crex24, OKEx, YoBit, Upbit, Livecoin, Poloniex, Bit-Z, HitBTC, Cryptopia, OOOBTC, Cryptohub, Bittrex, Bittylicious, LiteBit.eu, Bitbns and Graviex. It is usually not currently possible to purchase alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to acquire DigiByte should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase DigiByte using one of the aforementioned exchanges.

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