DigiByte Market Cap Achieves $107.60 Million (DGB)

DigiByte (DGB) traded 1.6% lower against the U.S. dollar during the 1 day period ending at 9:00 AM ET on September 7th. During the last seven days, DigiByte has traded down 10.1% against the U.S. dollar. DigiByte has a market capitalization of $107.60 million and $1.99 million worth of DigiByte was traded on exchanges in the last day. One DigiByte coin can now be bought for $0.0062 or 0.00000011 BTC on popular cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded 3.7% lower against the dollar and now trades at $54,623.72 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 2.6% lower against the dollar and now trades at $0.0950 or 0.00000174 BTC.
• Bitcoin Cash (BCH) traded 2.4% lower against the dollar and now trades at $304.54 or 0.00557867 BTC.
• UNUS SED LEO (LEO) traded down 2.8% against the dollar and now trades at $5.39 or 0.00009881 BTC.
• Litecoin (LTC) traded down 3.5% against the dollar and now trades at $63.42 or 0.00116183 BTC.
• Monero (XMR) traded 1% lower against the dollar and now trades at $170.06 or 0.00311525 BTC.
• Ethereum Classic (ETC) traded down 1.1% against the dollar and now trades at $17.61 or 0.00032257 BTC.
• Arweave (AR) traded 4.6% lower against the dollar and now trades at $20.68 or 0.00037886 BTC.
• Bitcoin SV (BSV) traded 3.3% lower against the dollar and now trades at $45.12 or 0.00082648 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. Its genesis date was January 12th, 2014. DigiByte’s total supply is 17,235,136,262 coins. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. DigiByte’s official message board is dgbforum.com. DigiByte’s official website is digibyte.org. The Reddit community for DigiByte is https://reddit.com/r/digibyte and the currency’s Github account can be viewed here.

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 currently possible to buy alternative cryptocurrencies such as DigiByte directly using U.S. dollars. Investors seeking to trade DigiByte should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. 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