DigiByte (DGB) Trading 7.6% Lower Over Last 7 Days

DigiByte (DGB) traded 0.2% lower against the US dollar during the 24-hour period ending at 7:00 AM E.T. on October 30th. One DigiByte coin can currently be purchased for about $0.0062 or 0.00000009 BTC on popular exchanges. During the last week, DigiByte has traded 7.6% lower against the US dollar. DigiByte has a total market capitalization of $107.43 million and $2.68 million worth of DigiByte was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded 1.4% higher against the dollar and now trades at $72,232.35 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 2.3% higher against the dollar and now trades at $0.17 or 0.00000235 BTC.
• Bitcoin Cash (BCH) traded down 3.2% against the dollar and now trades at $369.39 or 0.00511398 BTC.
• UNUS SED LEO (LEO) traded up 0.2% against the dollar and now trades at $6.05 or 0.00008375 BTC.
• Litecoin (LTC) traded down 1.3% against the dollar and now trades at $71.65 or 0.00099188 BTC.
• Monero (XMR) traded 0.8% lower against the dollar and now trades at $164.02 or 0.00227078 BTC.
• Ethereum Classic (ETC) traded 1.7% higher against the dollar and now trades at $19.52 or 0.00027025 BTC.
• Arweave (AR) traded down 1.7% against the dollar and now trades at $16.41 or 0.00022720 BTC.
• Bitcoin SV (BSV) traded 2% lower against the dollar and now trades at $50.38 or 0.00069748 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

DigiByte Profile

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 17,335,395,511 coins. DigiByte’s official website is digibyte.org. 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 message board for DigiByte 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.”

DigiByte Coin Trading

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 Coinbase, Gemini or Changelly. 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