DigiByte One Day Volume Hits $2.96 Million (DGB)

DigiByte (DGB) traded 8.6% lower against the U.S. dollar during the 24 hour period ending at 0:00 AM Eastern on October 1st. DigiByte has a market cap of $112.33 million and $2.96 million worth of DigiByte was traded on exchanges in the last day. In the last week, DigiByte has traded down 7.4% against the U.S. dollar. One DigiByte coin can currently be bought for approximately $0.0065 or 0.00000011 BTC on major cryptocurrency exchanges.

Here is how other cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded down 2.9% against the dollar and now trades at $61,828.05 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 7.5% lower against the dollar and now trades at $0.11 or 0.00000176 BTC.
• Bitcoin Cash (BCH) traded 6% lower against the dollar and now trades at $323.88 or 0.00523836 BTC.
• UNUS SED LEO (LEO) traded 0.8% lower against the dollar and now trades at $5.97 or 0.00009656 BTC.
• Litecoin (LTC) traded down 5.4% against the dollar and now trades at $64.29 or 0.00103989 BTC.
• Ethereum Classic (ETC) traded 5.6% lower against the dollar and now trades at $18.63 or 0.00030128 BTC.
• Monero (XMR) traded 0.7% lower against the dollar and now trades at $148.55 or 0.00240270 BTC.
• Arweave (AR) traded down 13.6% against the dollar and now trades at $20.05 or 0.00032436 BTC.
• Bitcoin SV (BSV) traded down 7.2% against the dollar and now trades at $45.90 or 0.00074232 BTC.
• NyanCoin (NYAN) traded down 2.2% 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. Its genesis date was January 12th, 2014. DigiByte’s total supply is 17,281,976,648 coins. The Reddit community for DigiByte is https://reddit.com/r/digibyte and the currency’s Github account can be viewed here. 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.

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 buy alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to trade DigiByte should first buy Bitcoin or Ethereum using an exchange that deals in US 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