DigiByte Hits 24 Hour Trading Volume of $2.58 Million (DGB)

DigiByte (DGB) traded up 1.9% against the US dollar during the 1 day period ending at 18:00 PM ET on October 29th. During the last week, DigiByte has traded 11.2% lower against the US dollar. One DigiByte coin can currently be purchased for $0.0062 or 0.00000009 BTC on popular exchanges. DigiByte has a total market cap of $106.62 million and $2.58 million worth of DigiByte was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded 3.8% higher against the dollar and now trades at $72,218.63 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 8.6% higher against the dollar and now trades at $0.17 or 0.00000241 BTC.
• Bitcoin Cash (BCH) traded 4.2% higher against the dollar and now trades at $380.25 or 0.00526525 BTC.
• UNUS SED LEO (LEO) traded 0.3% higher against the dollar and now trades at $6.06 or 0.00008397 BTC.
• Litecoin (LTC) traded up 4% against the dollar and now trades at $73.67 or 0.00102005 BTC.
• Monero (XMR) traded 1% higher against the dollar and now trades at $163.73 or 0.00226712 BTC.
• Ethereum Classic (ETC) traded up 2.3% against the dollar and now trades at $19.35 or 0.00026791 BTC.
• Arweave (AR) traded up 3.7% against the dollar and now trades at $16.90 or 0.00023406 BTC.
• Bitcoin SV (BSV) traded up 1% against the dollar and now trades at $51.63 or 0.00071487 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

About DigiByte

DigiByte (CRYPTO: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 17,334,336,123 coins. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. 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. DigiByte’s official message board 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 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 GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase DigiByte using one of the aforementioned exchanges.

DGB/USD price chart by TradingView