DigiByte (DGB) Tops 1-Day Trading Volume of $6.24 Million

DigiByte (DGB) traded down 0.8% against the US dollar during the 1 day period ending at 20:00 PM E.T. on July 27th. Over the last week, DigiByte has traded 10.8% lower against the US dollar. DigiByte has a market cap of $129.13 million and $6.24 million worth of DigiByte was traded on exchanges in the last day. One DigiByte coin can currently be bought for $0.0075 or 0.00000011 BTC on major cryptocurrency exchanges.

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

• Bitcoin (BTC) traded 0.1% higher against the dollar and now trades at $67,926.53 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.8% lower against the dollar and now trades at $0.13 or 0.00000193 BTC.
• Bitcoin Cash (BCH) traded up 3.8% against the dollar and now trades at $391.88 or 0.00576915 BTC.
• UNUS SED LEO (LEO) traded 0.1% lower against the dollar and now trades at $5.82 or 0.00008574 BTC.
• Litecoin (LTC) traded down 0.3% against the dollar and now trades at $71.17 or 0.00104778 BTC.
• Ethereum Classic (ETC) traded 0.7% lower against the dollar and now trades at $22.78 or 0.00033529 BTC.
• Monero (XMR) traded down 0.1% against the dollar and now trades at $161.94 or 0.00238409 BTC.
• Arweave (AR) traded 0.5% higher against the dollar and now trades at $31.12 or 0.00045820 BTC.
• Bitcoin SV (BSV) traded up 2.2% against the dollar and now trades at $45.87 or 0.00067527 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

About DigiByte

DigiByte is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. It launched on January 12th, 2014. DigiByte’s total supply is 17,154,960,738 coins. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. The Reddit community for DigiByte is https://reddit.com/r/digibyte and the currency’s Github account can be viewed here. The official website for DigiByte is digibyte.org. 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.”

Buying and Selling DigiByte

It is usually not possible to purchase alternative cryptocurrencies such as DigiByte directly using U.S. dollars. Investors seeking to acquire DigiByte should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly 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