DigiByte (DGB) Achieves Market Cap of $112.35 Million

DigiByte (DGB) traded down 2.8% against the US dollar during the twenty-four hour period ending at 15:00 PM ET on October 9th. In the last week, DigiByte has traded 3.3% higher against the US dollar. DigiByte has a market capitalization of $112.35 million and approximately $1.78 million worth of DigiByte was traded on exchanges in the last 24 hours. One DigiByte coin can now be bought for about $0.0065 or 0.00000011 BTC on popular exchanges.

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

• Bitcoin (BTC) traded down 1.9% against the dollar and now trades at $61,313.38 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 1.6% against the dollar and now trades at $0.11 or 0.00000178 BTC.
• Bitcoin Cash (BCH) traded down 2.1% against the dollar and now trades at $323.57 or 0.00528300 BTC.
• UNUS SED LEO (LEO) traded up 1.3% against the dollar and now trades at $6.08 or 0.00009923 BTC.
• Litecoin (LTC) traded 1.3% lower against the dollar and now trades at $64.86 or 0.00105897 BTC.
• Monero (XMR) traded 1.4% higher against the dollar and now trades at $151.54 or 0.00247423 BTC.
• Ethereum Classic (ETC) traded down 0.6% against the dollar and now trades at $18.23 or 0.00029769 BTC.
• Arweave (AR) traded 1.4% lower against the dollar and now trades at $18.30 or 0.00029883 BTC.
• Bitcoin SV (BSV) traded down 2.2% against the dollar and now trades at $44.68 or 0.00072943 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

About DigiByte

DigiByte is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. Its launch date was January 12th, 2014. DigiByte’s total supply is 17,296,390,889 coins. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. DigiByte’s official message board is dgbforum.com. 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.”

DigiByte Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to trade DigiByte should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy DigiByte using one of the aforementioned exchanges.

DGB/USD price chart by TradingView