DigiByte (DGB) Achieves Market Cap of $268.25 Million

DigiByte (DGB) traded 39.7% higher against the U.S. dollar during the 24 hour period ending at 9:00 AM Eastern on November 30th. Over the last seven days, DigiByte has traded up 35.7% against the U.S. dollar. DigiByte has a market cap of $268.25 million and $123.94 million worth of DigiByte was traded on exchanges in the last 24 hours. One DigiByte coin can now be purchased for about $0.0154 or 0.00000016 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded 1.4% lower against the dollar and now trades at $96,540.34 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 0.1% against the dollar and now trades at $0.42 or 0.00000436 BTC.
• Bitcoin Cash (BCH) traded 1.9% higher against the dollar and now trades at $524.76 or 0.00543746 BTC.
• UNUS SED LEO (LEO) traded up 1.9% against the dollar and now trades at $8.75 or 0.00009063 BTC.
• Litecoin (LTC) traded 2.6% higher against the dollar and now trades at $101.73 or 0.00105409 BTC.
• Ethereum Classic (ETC) traded up 1.8% against the dollar and now trades at $32.51 or 0.00033685 BTC.
• Monero (XMR) traded up 0.5% against the dollar and now trades at $159.87 or 0.00165655 BTC.
• Arweave (AR) traded 11.7% higher against the dollar and now trades at $24.63 or 0.00025516 BTC.
• Bitcoin SV (BSV) traded up 0.7% against the dollar and now trades at $71.18 or 0.00073758 BTC.
• IOTA (MIOTA) traded 9.4% higher against the dollar and now trades at $0.28 or 0.00000292 BTC.

About DigiByte

DigiByte 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 17,393,492,093 coins. DigiByte’s official website is digibyte.org. DigiByte’s official message board is dgbforum.com. 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.

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 buy alternative cryptocurrencies such as DigiByte directly using U.S. dollars. Investors seeking to trade DigiByte should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy DigiByte using one of the exchanges listed above.

DGB/USD price chart by TradingView