DigiByte Price Down 24.9% Over Last 7 Days (DGB)

DigiByte (DGB) traded down 9.4% against the US dollar during the twenty-four hour period ending at 10:00 AM E.T. on April 16th. DigiByte has a total market capitalization of $207.96 million and $16.36 million worth of DigiByte was traded on exchanges in the last 24 hours. One DigiByte coin can currently be bought for about $0.0123 or 0.00000020 BTC on major exchanges. During the last week, DigiByte has traded 24.9% lower against the US dollar.

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

• Bitcoin (BTC) traded down 3.1% against the dollar and now trades at $62,873.35 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 4% lower against the dollar and now trades at $0.15 or 0.00000244 BTC.
• Bitcoin Cash (BCH) traded down 9.4% against the dollar and now trades at $480.85 or 0.00764797 BTC.
• Litecoin (LTC) traded 2.1% lower against the dollar and now trades at $78.75 or 0.00125258 BTC.
• UNUS SED LEO (LEO) traded down 0.7% against the dollar and now trades at $5.82 or 0.00009250 BTC.
• Ethereum Classic (ETC) traded 4.9% lower against the dollar and now trades at $25.90 or 0.00041192 BTC.
• Monero (XMR) traded down 4.1% against the dollar and now trades at $119.05 or 0.00189356 BTC.
• Arweave (AR) traded 14.8% lower against the dollar and now trades at $24.23 or 0.00038541 BTC.
• Bitcoin SV (BSV) traded down 6.6% against the dollar and now trades at $65.93 or 0.00104865 BTC.
• eCash (XEC) traded down 7.2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

DigiByte Coin Profile

DigiByte (CRYPTO: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 16,952,259,664 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. DigiByte’s official message board 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 currently possible to buy alternative cryptocurrencies such as DigiByte directly using U.S. dollars. Investors seeking to acquire DigiByte should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy DigiByte using one of the exchanges listed above.

DGB/USD price chart by TradingView