DigiByte Tops One Day Volume of $5.55 Million (DGB)

DigiByte (DGB) traded up 0.5% against the US dollar during the 1-day period ending at 7:00 AM Eastern on August 20th. During the last seven days, DigiByte has traded 10.2% higher against the US dollar. One DigiByte coin can currently be bought for $0.0074 or 0.00000012 BTC on major exchanges. DigiByte has a market capitalization of $126.72 million and approximately $5.55 million worth of DigiByte was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded up 4.4% against the dollar and now trades at $60,707.22 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 6% against the dollar and now trades at $0.11 or 0.00000173 BTC.
• Bitcoin Cash (BCH) traded up 2.6% against the dollar and now trades at $342.57 or 0.00564296 BTC.
• UNUS SED LEO (LEO) traded up 1.4% against the dollar and now trades at $5.88 or 0.00009686 BTC.
• Litecoin (LTC) traded down 0.8% against the dollar and now trades at $66.14 or 0.00108955 BTC.
• Monero (XMR) traded 3.1% higher against the dollar and now trades at $160.20 or 0.00263885 BTC.
• Ethereum Classic (ETC) traded up 1.8% against the dollar and now trades at $19.14 or 0.00031524 BTC.
• Arweave (AR) traded up 7.9% against the dollar and now trades at $22.97 or 0.00037821 BTC.
• Bitcoin SV (BSV) traded 1.7% higher against the dollar and now trades at $43.04 or 0.00070862 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

DigiByte Profile

DGB is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. Its genesis date was January 12th, 2014. DigiByte’s total supply is 17,200,447,408 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 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 presently 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 Coinbase, 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