DigiByte Market Cap Reaches $200.03 Million (DGB)

DigiByte (DGB) traded 3.9% lower against the US dollar during the 1 day period ending at 14:00 PM ET on April 26th. DigiByte has a total market capitalization of $200.03 million and $8.31 million worth of DigiByte was traded on exchanges in the last 24 hours. Over the last week, DigiByte has traded 9.7% lower against the US dollar. One DigiByte coin can now be bought for approximately $0.0118 or 0.00000018 BTC on major cryptocurrency exchanges.

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

• Bitcoin (BTC) traded 1% lower against the dollar and now trades at $63,959.60 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.6% lower against the dollar and now trades at $0.15 or 0.00000234 BTC.
• Bitcoin Cash (BCH) traded 1.6% higher against the dollar and now trades at $488.84 or 0.00764223 BTC.
• Litecoin (LTC) traded 4% higher against the dollar and now trades at $87.70 or 0.00137104 BTC.
• UNUS SED LEO (LEO) traded down 0.2% against the dollar and now trades at $5.77 or 0.00009021 BTC.
• Ethereum Classic (ETC) traded up 3.8% against the dollar and now trades at $27.52 or 0.00043019 BTC.
• Monero (XMR) traded up 0.2% against the dollar and now trades at $120.65 or 0.00188616 BTC.
• Arweave (AR) traded 3.3% lower against the dollar and now trades at $31.21 or 0.00048789 BTC.
• Bitcoin SV (BSV) traded down 2.3% against the dollar and now trades at $66.02 or 0.00103210 BTC.
• eCash (XEC) traded 0.3% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.

DigiByte Profile

DigiByte (DGB) is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. Its launch date was January 12th, 2014. DigiByte’s total supply is 16,972,579,927 coins. 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. 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 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 GDAX, Coinbase or Gemini. 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