DigiByte Tops 1-Day Volume of $7.37 Million (DGB)

DigiByte (DGB) traded down 1.6% against the dollar during the 24 hour period ending at 10:00 AM ET on January 9th. In the last week, DigiByte has traded 12% lower against the dollar. One DigiByte coin can now be bought for about $0.0124 or 0.00000013 BTC on popular exchanges. DigiByte has a market cap of $216.64 million and $7.37 million worth of DigiByte was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded 1.1% lower against the dollar and now trades at $93,760.49 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 4.3% lower against the dollar and now trades at $0.33 or 0.00000352 BTC.
• Bitcoin Cash (BCH) traded down 1.7% against the dollar and now trades at $428.52 or 0.00457035 BTC.
• UNUS SED LEO (LEO) traded up 0.4% against the dollar and now trades at $9.03 or 0.00009627 BTC.
• Litecoin (LTC) traded 2.5% higher against the dollar and now trades at $104.53 or 0.00111485 BTC.
• Ethereum Classic (ETC) traded down 0.6% against the dollar and now trades at $25.25 or 0.00026928 BTC.
• Monero (XMR) traded down 1.5% against the dollar and now trades at $195.15 or 0.00208133 BTC.
• IOTA (MIOTA) traded down 3.9% against the dollar and now trades at $0.31 or 0.00000330 BTC.
• Bitcoin SV (BSV) traded 0.3% higher against the dollar and now trades at $52.64 or 0.00056139 BTC.
• Arweave (AR) traded down 1.8% against the dollar and now trades at $15.64 or 0.00016682 BTC.

DigiByte Profile

DigiByte (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 17,467,224,346 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. DigiByte’s official message board is dgbforum.com. 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.”

DigiByte Coin Trading

It is usually not 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 Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy DigiByte using one of the aforementioned exchanges.

DGB/USD price chart by TradingView