DigiByte Reaches 24 Hour Trading Volume of $8.53 Million (DGB)

DigiByte (DGB) traded 6% lower against the US dollar during the 24 hour period ending at 8:00 AM E.T. on July 5th. Over the last seven days, DigiByte has traded down 19.4% against the US dollar. One DigiByte coin can currently be purchased for approximately $0.0068 or 0.00000012 BTC on popular exchanges. DigiByte has a market cap of $116.21 million and $8.53 million worth of DigiByte was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded 3.9% lower against the dollar and now trades at $55,332.14 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 9.9% against the dollar and now trades at $0.0995 or 0.00000180 BTC.
• Bitcoin Cash (BCH) traded down 9.9% against the dollar and now trades at $310.69 or 0.00561500 BTC.
• UNUS SED LEO (LEO) traded 0.8% lower against the dollar and now trades at $5.71 or 0.00010319 BTC.
• Litecoin (LTC) traded 13.9% lower against the dollar and now trades at $59.79 or 0.00108065 BTC.
• Ethereum Classic (ETC) traded 11.5% lower against the dollar and now trades at $19.17 or 0.00034638 BTC.
• Monero (XMR) traded down 7.1% against the dollar and now trades at $147.41 or 0.00266411 BTC.
• Arweave (AR) traded 13.1% lower against the dollar and now trades at $21.52 or 0.00038889 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded down 11.2% against the dollar and now trades at $34.21 or 0.00061822 BTC.

DigiByte Profile

DGB is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. It was first traded on January 12th, 2014. DigiByte’s total supply is 17,110,984,050 coins. The Reddit community for DigiByte is https://reddit.com/r/digibyte and the currency’s Github account can be viewed here. The official website for DigiByte is digibyte.org. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. The official message board for DigiByte 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 presently possible to purchase alternative cryptocurrencies such as DigiByte directly using U.S. dollars. Investors seeking to acquire DigiByte should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase DigiByte using one of the aforementioned exchanges.

DGB/USD price chart by TradingView