DigiByte Trading 3.3% Lower Over Last Week (DGB)

DigiByte (DGB) traded down 9.2% against the dollar during the twenty-four hour period ending at 9:00 AM Eastern on September 4th. In the last seven days, DigiByte has traded down 3.3% against the dollar. One DigiByte coin can now be purchased for about $0.0063 or 0.00000011 BTC on major cryptocurrency exchanges. DigiByte has a total market cap of $108.40 million and approximately $2.30 million worth of DigiByte was traded on exchanges in the last day.

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

  • Bitcoin (BTC) traded 3.2% lower against the dollar and now trades at $56,734.37 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded 4.5% lower against the dollar and now trades at $0.0959 or 0.00000169 BTC.
  • Bitcoin Cash (BCH) traded down 3.9% against the dollar and now trades at $309.13 or 0.00544873 BTC.
  • UNUS SED LEO (LEO) traded 1.3% lower against the dollar and now trades at $5.84 or 0.00010296 BTC.
  • Litecoin (LTC) traded 0.8% lower against the dollar and now trades at $65.40 or 0.00115271 BTC.
  • Monero (XMR) traded 0.2% lower against the dollar and now trades at $173.74 or 0.00306232 BTC.
  • Ethereum Classic (ETC) traded 2.1% lower against the dollar and now trades at $17.76 or 0.00031302 BTC.
  • Arweave (AR) traded 6.9% lower against the dollar and now trades at $20.45 or 0.00036054 BTC.
  • Bitcoin SV (BSV) traded 1.5% higher against the dollar and now trades at $44.50 or 0.00078442 BTC.
  • NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

About DigiByte

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 17,229,330,721 coins. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. DigiByte’s official message board is dgbforum.com. The Reddit community for DigiByte is https://reddit.com/r/digibyte and the currency’s Github account can be viewed here. 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.”

Buying and Selling DigiByte

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

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