DigiByte (DGB) Hits Market Cap of $197.95 Million

DigiByte (DGB) traded 0.7% lower against the U.S. dollar during the 24 hour period ending at 10:00 AM Eastern on January 21st. During the last seven days, DigiByte has traded down 6.6% against the U.S. dollar. DigiByte has a total market cap of $197.95 million and $6.71 million worth of DigiByte was traded on exchanges in the last day. One DigiByte coin can currently be purchased for $0.0113 or 0.00000011 BTC on exchanges.

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

• Bitcoin (BTC) traded 2.9% lower against the dollar and now trades at $103,430.06 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1% higher against the dollar and now trades at $0.38 or 0.00000364 BTC.
• Litecoin (LTC) traded down 1.1% against the dollar and now trades at $119.65 or 0.00115685 BTC.
• UNUS SED LEO (LEO) traded down 0.5% against the dollar and now trades at $9.63 or 0.00009311 BTC.
• Bitcoin Cash (BCH) traded down 1.5% against the dollar and now trades at $438.85 or 0.00424294 BTC.
• Ethereum Classic (ETC) traded down 0.1% against the dollar and now trades at $26.57 or 0.00025690 BTC.
• Monero (XMR) traded 3.3% higher against the dollar and now trades at $215.96 or 0.00208797 BTC.
• IOTA (MIOTA) traded 5.3% lower against the dollar and now trades at $0.33 or 0.00000316 BTC.
• Bitcoin SV (BSV) traded down 1.8% against the dollar and now trades at $52.11 or 0.00050382 BTC.
• Arweave (AR) traded down 5.4% against the dollar and now trades at $14.49 or 0.00014010 BTC.

About DigiByte

DigiByte (CRYPTO: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 17,489,125,057 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 currently possible to purchase alternative cryptocurrencies such as DigiByte directly using U.S. dollars. Investors seeking to acquire DigiByte should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini 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