DigiByte Market Capitalization Achieves $125.74 Million (DGB)

DigiByte (DGB) traded 0.2% higher against the dollar during the 1 day period ending at 9:00 AM Eastern on August 19th. In the last week, DigiByte has traded 8.4% higher against the dollar. One DigiByte coin can currently be purchased for $0.0073 or 0.00000012 BTC on major exchanges. DigiByte has a market cap of $125.74 million and $5.31 million worth of DigiByte was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded 2.2% lower against the dollar and now trades at $58,782.98 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 3.1% against the dollar and now trades at $0.10 or 0.00000171 BTC.
• Bitcoin Cash (BCH) traded 2.4% lower against the dollar and now trades at $336.76 or 0.00572879 BTC.
• UNUS SED LEO (LEO) traded up 0.7% against the dollar and now trades at $5.82 or 0.00009895 BTC.
• Litecoin (LTC) traded down 0.6% against the dollar and now trades at $67.23 or 0.00114367 BTC.
• Monero (XMR) traded 4% higher against the dollar and now trades at $156.78 or 0.00266704 BTC.
• Ethereum Classic (ETC) traded down 1.3% against the dollar and now trades at $18.88 or 0.00032114 BTC.
• Arweave (AR) traded 2.2% lower against the dollar and now trades at $21.26 or 0.00036170 BTC.
• Bitcoin SV (BSV) traded down 1.9% against the dollar and now trades at $42.39 or 0.00072116 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

DigiByte Coin Profile

DigiByte (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 17,198,686,826 coins. The official message board for DigiByte is dgbforum.com. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. 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.

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 GDAX, Changelly or Coinbase. 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