DigiByte Price Tops $0.0062 (DGB)

DigiByte (DGB) traded 6.7% lower against the US dollar during the 1 day period ending at 7:00 AM E.T. on January 20th. One DigiByte coin can now be purchased for $0.0062 or 0.00000007 BTC on major exchanges. DigiByte has a market capitalization of $112.82 million and $3.35 million worth of DigiByte was traded on exchanges in the last 24 hours. In the last seven days, DigiByte has traded 4.8% higher against the US dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Arweave (AR) traded down 1.8% against the dollar and now trades at $3.67 or 0.00004027 BTC.
• Bitcoin (BTC) traded down 2.2% against the dollar and now trades at $91,173.51 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 1.9% against the dollar and now trades at $0.13 or 0.00000138 BTC.
• Bitcoin Cash (BCH) traded down 2.3% against the dollar and now trades at $576.77 or 0.00632609 BTC.
• Monero (XMR) traded 11.5% lower against the dollar and now trades at $568.36 or 0.00623380 BTC.
• UNUS SED LEO (LEO) traded down 3.4% against the dollar and now trades at $8.70 or 0.00009547 BTC.
• Zcash (ZEC) traded 1.9% lower against the dollar and now trades at $366.29 or 0.00401747 BTC.
• Litecoin (LTC) traded down 1.2% against the dollar and now trades at $69.44 or 0.00076165 BTC.
• Ethereum Classic (ETC) traded down 1.6% against the dollar and now trades at $11.77 or 0.00012904 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

About DigiByte

DigiByte is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. It was first traded on January 10th, 2014. DigiByte’s total supply is 18,108,640,989 coins and its circulating supply is 18,080,540,706 coins. The official message board for DigiByte is dgbforum.com. The official website for DigiByte 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.

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.”

DigiByte Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to acquire DigiByte should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase DigiByte using one of the exchanges listed above.

DGB/USD price chart by TradingView