DigiByte (DGB) Market Cap Reaches $167.19 Million

DigiByte (DGB) traded 4.2% lower against the U.S. dollar during the twenty-four hour period ending at 11:00 AM ET on March 10th. Over the last week, DigiByte has traded 10.3% higher against the U.S. dollar. One DigiByte coin can now be bought for about $0.0095 or 0.00000012 BTC on major cryptocurrency exchanges. DigiByte has a market capitalization of $167.19 million and approximately $13.61 million worth of DigiByte was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed over the last day:

• Arweave (AR) traded down 9.6% against the dollar and now trades at $6.04 or 0.00007526 BTC.
• Bitcoin (BTC) traded 3.8% lower against the dollar and now trades at $80,250.79 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 6.6% lower against the dollar and now trades at $0.17 or 0.00000209 BTC.
• UNUS SED LEO (LEO) traded 0.5% higher against the dollar and now trades at $9.88 or 0.00012306 BTC.
• Bitcoin Cash (BCH) traded 3.4% lower against the dollar and now trades at $355.78 or 0.00443339 BTC.
• Litecoin (LTC) traded 6.9% lower against the dollar and now trades at $93.32 or 0.00116281 BTC.
• Monero (XMR) traded down 8.2% against the dollar and now trades at $201.75 or 0.00251398 BTC.
• Ethereum Classic (ETC) traded 4.8% lower against the dollar and now trades at $17.93 or 0.00022337 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• IOTA (MIOTA) traded 1.4% lower against the dollar and now trades at $0.18 or 0.00000225 BTC.

DigiByte Profile

DigiByte 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 17,575,763,167 coins. DigiByte’s official website is digibyte.org. 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.

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

DGB/USD price chart by TradingView