DigiByte (DGB) Market Cap Tops $145.88 Million

DigiByte (DGB) traded down 4.2% against the U.S. dollar during the 24-hour period ending at 10:00 AM Eastern on February 6th. DigiByte has a total market capitalization of $145.88 million and approximately $3.33 million worth of DigiByte was traded on exchanges in the last 24 hours. During the last seven days, DigiByte has traded 24.3% lower against the U.S. dollar. One DigiByte coin can now be purchased for about $0.0083 or 0.00000009 BTC on exchanges.

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

• Bitcoin (BTC) traded down 0.7% against the dollar and now trades at $97,692.90 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 3.8% against the dollar and now trades at $0.25 or 0.00000260 BTC.
• UNUS SED LEO (LEO) traded down 0.1% against the dollar and now trades at $9.80 or 0.00010025 BTC.
• Litecoin (LTC) traded 3.8% lower against the dollar and now trades at $103.34 or 0.00105677 BTC.
• Bitcoin Cash (BCH) traded 3.7% lower against the dollar and now trades at $322.37 or 0.00329662 BTC.
• Monero (XMR) traded up 0.2% against the dollar and now trades at $226.68 or 0.00231809 BTC.
• Ethereum Classic (ETC) traded down 4.5% against the dollar and now trades at $20.16 or 0.00020619 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• IOTA (MIOTA) traded down 7.7% against the dollar and now trades at $0.22 or 0.00000221 BTC.
• Bitcoin SV (BSV) traded 5.7% lower against the dollar and now trades at $39.08 or 0.00039967 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 17,518,203,778 coins. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. DigiByte’s official website is digibyte.org. The Reddit community for DigiByte is https://reddit.com/r/digibyte and the currency’s Github account can be viewed here. DigiByte’s official message board is dgbforum.com.

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 currently possible to purchase alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to acquire DigiByte should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase DigiByte using one of the exchanges listed above.

DGB/USD price chart by TradingView