DigiByte (DGB) Market Cap Reaches $235.85 Million

DigiByte (DGB) traded 5.4% higher against the dollar during the one day period ending at 11:00 AM ET on January 17th. During the last seven days, DigiByte has traded up 9.6% against the dollar. One DigiByte coin can now be purchased for $0.0135 or 0.00000013 BTC on major cryptocurrency exchanges. DigiByte has a total market cap of $235.85 million and $7.80 million worth of DigiByte was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded up 5.4% against the dollar and now trades at $104,720.39 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 7.9% higher against the dollar and now trades at $0.41 or 0.00000395 BTC.
• Litecoin (LTC) traded up 8.1% against the dollar and now trades at $136.26 or 0.00130118 BTC.
• Bitcoin Cash (BCH) traded up 4.4% against the dollar and now trades at $485.16 or 0.00463291 BTC.
• UNUS SED LEO (LEO) traded 1.1% higher against the dollar and now trades at $9.74 or 0.00009303 BTC.
• Ethereum Classic (ETC) traded up 3.4% against the dollar and now trades at $27.95 or 0.00026693 BTC.
• Monero (XMR) traded up 4.4% against the dollar and now trades at $226.21 or 0.00216010 BTC.
• IOTA (MIOTA) traded 1.6% lower against the dollar and now trades at $0.40 or 0.00000380 BTC.
• Arweave (AR) traded up 1.7% against the dollar and now trades at $17.77 or 0.00016970 BTC.
• Bitcoin SV (BSV) traded up 2.7% against the dollar and now trades at $58.76 or 0.00056113 BTC.

DigiByte Profile

DigiByte (CRYPTO:DGB) is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. It launched on January 12th, 2014. DigiByte’s total supply is 17,481,946,385 coins. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. DigiByte’s official message board is dgbforum.com. The official website for DigiByte is digibyte.org. 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.”

Buying and Selling DigiByte

It is usually not 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, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy DigiByte using one of the exchanges listed above.

DGB/USD price chart by TradingView