DigiByte (DGB) Trading Down 11.5% This Week

DigiByte (DGB) traded up 0.7% against the US dollar during the 1 day period ending at 15:00 PM ET on September 7th. DigiByte has a market cap of $107.45 million and $1.74 million worth of DigiByte was traded on exchanges in the last 24 hours. One DigiByte coin can now be bought for approximately $0.0062 or 0.00000011 BTC on popular exchanges. Over the last seven days, DigiByte has traded 11.5% lower against the US dollar.

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

• Bitcoin (BTC) traded 1.5% higher against the dollar and now trades at $54,237.95 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 3.6% against the dollar and now trades at $0.0950 or 0.00000175 BTC.
• Bitcoin Cash (BCH) traded up 0.8% against the dollar and now trades at $300.44 or 0.00553937 BTC.
• UNUS SED LEO (LEO) traded down 2% against the dollar and now trades at $5.40 or 0.00009952 BTC.
• Litecoin (LTC) traded down 1.3% against the dollar and now trades at $62.67 or 0.00115549 BTC.
• Monero (XMR) traded 0.7% lower against the dollar and now trades at $168.65 or 0.00310945 BTC.
• Ethereum Classic (ETC) traded up 0.8% against the dollar and now trades at $17.57 or 0.00032387 BTC.
• Arweave (AR) traded 1.1% lower against the dollar and now trades at $20.30 or 0.00037435 BTC.
• Bitcoin SV (BSV) traded up 0.1% against the dollar and now trades at $44.42 or 0.00081901 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

DigiByte Profile

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 17,235,572,092 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. The official message board for DigiByte 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.”

Buying and Selling DigiByte

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