DigiByte (DGB) Achieves Market Capitalization of $115.39 Million

DigiByte (DGB) traded 1.6% lower against the U.S. dollar during the 24-hour period ending at 23:00 PM ET on October 17th. DigiByte has a total market cap of $115.39 million and $2.17 million worth of DigiByte was traded on exchanges in the last 24 hours. One DigiByte coin can currently be purchased for $0.0067 or 0.00000010 BTC on cryptocurrency exchanges. Over the last seven days, DigiByte has traded 4.2% higher against the U.S. dollar.

Here’s how similar cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded up 0.7% against the dollar and now trades at $67,941.93 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 8.6% against the dollar and now trades at $0.13 or 0.00000199 BTC.
• Bitcoin Cash (BCH) traded 2.1% higher against the dollar and now trades at $373.18 or 0.00549261 BTC.
• UNUS SED LEO (LEO) traded 0.1% lower against the dollar and now trades at $6.10 or 0.00008981 BTC.
• Litecoin (LTC) traded up 4% against the dollar and now trades at $73.24 or 0.00107801 BTC.
• Monero (XMR) traded up 0.5% against the dollar and now trades at $159.06 or 0.00234104 BTC.
• Ethereum Classic (ETC) traded 1.2% lower against the dollar and now trades at $19.20 or 0.00028257 BTC.
• Arweave (AR) traded down 0.7% against the dollar and now trades at $18.87 or 0.00027773 BTC.
• Bitcoin SV (BSV) traded up 1.9% against the dollar and now trades at $51.61 or 0.00075965 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 launch date was January 12th, 2014. DigiByte’s total supply is 17,312,212,959 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 website is digibyte.org. DigiByte’s official message board is dgbforum.com. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible 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 possible to buy alternative cryptocurrencies such as DigiByte directly using U.S. dollars. Investors seeking to acquire DigiByte should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy DigiByte using one of the exchanges listed above.

DGB/USD price chart by TradingView