DigiByte Trading Down 6.6% This Week (DGB)

DigiByte (DGB) traded down 0.7% against the US dollar during the one day period ending at 10:00 AM ET on January 21st. DigiByte has a market cap of $197.95 million and $6.71 million worth of DigiByte was traded on exchanges in the last day. During the last seven days, DigiByte has traded 6.6% lower against the US dollar. One DigiByte coin can now be bought for $0.0113 or 0.00000011 BTC on major exchanges.

Here is how similar 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 up 1% against the dollar and now trades at $0.38 or 0.00000364 BTC.
• Litecoin (LTC) traded 1.1% lower 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 1.5% lower 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 5.4% lower against the dollar and now trades at $14.49 or 0.00014010 BTC.

DigiByte Coin Profile

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. The Reddit community for DigiByte is https://reddit.com/r/digibyte and the currency’s Github account can be viewed here. DigiByte’s official website is digibyte.org. The official message board for DigiByte 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 presently possible to buy alternative cryptocurrencies such as DigiByte directly using U.S. dollars. Investors seeking to acquire DigiByte should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy DigiByte using one of the exchanges listed above.

DGB/USD price chart by TradingView