DigiByte (DGB) Price Down 4.7% This Week

DigiByte (DGB) traded down 5.5% against the US dollar during the 24-hour period ending at 8:00 AM ET on October 24th. DigiByte has a market capitalization of $109.13 million and $2.99 million worth of DigiByte was traded on exchanges in the last day. Over the last week, DigiByte has traded down 4.7% against the US dollar. One DigiByte coin can currently be bought for $0.0063 or 0.00000009 BTC on cryptocurrency exchanges.

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

• Bitcoin (BTC) traded 1.5% higher against the dollar and now trades at $67,330.50 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 1.8% against the dollar and now trades at $0.14 or 0.00000207 BTC.
• Bitcoin Cash (BCH) traded up 1.9% against the dollar and now trades at $355.85 or 0.00528518 BTC.
• UNUS SED LEO (LEO) traded 1.3% higher against the dollar and now trades at $6.14 or 0.00009124 BTC.
• Litecoin (LTC) traded 1.4% higher against the dollar and now trades at $69.80 or 0.00103669 BTC.
• Monero (XMR) traded up 1% against the dollar and now trades at $156.49 or 0.00232419 BTC.
• Ethereum Classic (ETC) traded down 0.2% against the dollar and now trades at $18.68 or 0.00027744 BTC.
• Arweave (AR) traded up 1% against the dollar and now trades at $18.08 or 0.00026848 BTC.
• Bitcoin SV (BSV) traded up 1.2% against the dollar and now trades at $47.49 or 0.00070531 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

DigiByte Coin Profile

DigiByte is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. Its launch date was January 12th, 2014. DigiByte’s total supply is 17,324,205,400 coins. DigiByte’s official website is digibyte.org. The Reddit community for DigiByte is https://reddit.com/r/digibyte and the currency’s Github account can be viewed here. DigiByte’s official message board is dgbforum.com. 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.”

DigiByte Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to acquire DigiByte should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy DigiByte using one of the aforementioned exchanges.

DGB/USD price chart by TradingView