DigiByte Hits Market Capitalization of $104.69 Million (DGB)

DigiByte (DGB) traded up 11.7% against the dollar during the one day period ending at 19:00 PM E.T. on November 6th. One DigiByte coin can currently be bought for about $0.0060 or 0.00000008 BTC on major cryptocurrency exchanges. DigiByte has a total market capitalization of $104.69 million and approximately $3.49 million worth of DigiByte was traded on exchanges in the last day. During the last seven days, DigiByte has traded 1.5% lower against the dollar.

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

• Bitcoin (BTC) traded 9.1% higher against the dollar and now trades at $75,644.57 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 15.6% against the dollar and now trades at $0.20 or 0.00000260 BTC.
• Bitcoin Cash (BCH) traded up 10.4% against the dollar and now trades at $378.86 or 0.00500843 BTC.
• UNUS SED LEO (LEO) traded up 0.4% against the dollar and now trades at $6.08 or 0.00008037 BTC.
• Litecoin (LTC) traded up 8.5% against the dollar and now trades at $71.00 or 0.00093865 BTC.
• Monero (XMR) traded 1.5% higher against the dollar and now trades at $160.97 or 0.00212794 BTC.
• Ethereum Classic (ETC) traded 8% higher against the dollar and now trades at $19.70 or 0.00026040 BTC.
• Arweave (AR) traded 16% higher against the dollar and now trades at $15.91 or 0.00021036 BTC.
• Bitcoin SV (BSV) traded 10.1% higher against the dollar and now trades at $51.80 or 0.00068476 BTC.
• NyanCoin (NYAN) traded 2.2% lower 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. It launched on January 12th, 2014. DigiByte’s total supply is 17,349,469,079 coins. 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. The official website for DigiByte is digibyte.org. 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 purchase alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to trade DigiByte should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. 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