DigiByte Reaches 1-Day Trading Volume of $2.36 Million (DGB)

DigiByte (DGB) traded 0.8% lower against the US dollar during the 1 day period ending at 8:00 AM ET on August 4th. One DigiByte coin can currently be bought for $0.0037 or 0.00000006 BTC on popular cryptocurrency exchanges. DigiByte has a total market capitalization of $67.70 million and $2.36 million worth of DigiByte was traded on exchanges in the last day. During the last seven days, DigiByte has traded 1.4% lower against the US dollar.

Here is how similar cryptocurrencies have performed during the last day:

• Arweave (AR) traded up 2.7% against the dollar and now trades at $1.82 or 0.00002843 BTC.
• Bitcoin (BTC) traded up 1.9% against the dollar and now trades at $63,877.39 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.4% higher against the dollar and now trades at $0.0704 or 0.00000110 BTC.
• UNUS SED LEO (LEO) traded 0.1% lower against the dollar and now trades at $9.74 or 0.00015248 BTC.
• Zcash (ZEC) traded 1.3% higher against the dollar and now trades at $488.51 or 0.00764765 BTC.
• Monero (XMR) traded 0.6% higher against the dollar and now trades at $362.75 or 0.00567885 BTC.
• Bitcoin Cash (BCH) traded 1.8% higher against the dollar and now trades at $213.77 or 0.00334651 BTC.
• Litecoin (LTC) traded 0.3% higher against the dollar and now trades at $44.27 or 0.00069297 BTC.
• Ethereum Classic (ETC) traded 0.5% higher against the dollar and now trades at $6.59 or 0.00010317 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

DigiByte Coin Profile

DigiByte (CRYPTO:DGB) is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. It was first traded on January 8th, 2014. DigiByte’s total supply is 18,411,546,211 coins and its circulating supply is 18,080,540,706 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 Twitter account is @digibytecoin and its Facebook page is accessible here. The official message board for DigiByte is medium.com/@digibyte_official. The official website for DigiByte 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.”

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 Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase DigiByte using one of the exchanges listed above.

DGB/USD price chart by TradingView