DigiByte Price Reaches $0.0115 on Exchanges (DGB)

DigiByte (DGB) traded 3.1% higher against the US dollar during the 1-day period ending at 10:00 AM Eastern on May 4th. DigiByte has a market cap of $195.99 million and approximately $7.72 million worth of DigiByte was traded on exchanges in the last day. During the last week, DigiByte has traded 2.6% lower against the US dollar. One DigiByte coin can now be purchased for approximately $0.0115 or 0.00000018 BTC on exchanges.

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

• Bitcoin (BTC) traded up 3.2% against the dollar and now trades at $63,804.33 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 19.3% higher against the dollar and now trades at $0.17 or 0.00000260 BTC.
• Bitcoin Cash (BCH) traded up 3.9% against the dollar and now trades at $466.65 or 0.00731369 BTC.
• Litecoin (LTC) traded up 0.7% against the dollar and now trades at $82.28 or 0.00128949 BTC.
• UNUS SED LEO (LEO) traded 1.6% lower against the dollar and now trades at $5.83 or 0.00009138 BTC.
• Ethereum Classic (ETC) traded 2% higher against the dollar and now trades at $27.08 or 0.00042445 BTC.
• Monero (XMR) traded 5% higher against the dollar and now trades at $129.49 or 0.00202954 BTC.
• Arweave (AR) traded down 5.7% against the dollar and now trades at $34.49 or 0.00054048 BTC.
• Bitcoin SV (BSV) traded up 4.5% against the dollar and now trades at $65.46 or 0.00102594 BTC.
• eCash (XEC) traded up 4.9% 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. It launched on January 12th, 2014. DigiByte’s total supply is 16,988,335,782 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 message board is dgbforum.com. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. DigiByte’s official website 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 possible to buy alternative cryptocurrencies such as DigiByte directly using U.S. dollars. Investors seeking to trade DigiByte should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. 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