DigiByte 1-Day Trading Volume Tops $5.80 Million (DGB)

DigiByte (DGB) traded down 2.7% against the dollar during the one day period ending at 18:00 PM ET on June 29th. DigiByte has a market cap of $134.98 million and approximately $5.80 million worth of DigiByte was traded on exchanges in the last 24 hours. Over the last seven days, DigiByte has traded 0.9% lower against the dollar. One DigiByte coin can currently be purchased for approximately $0.0079 or 0.00000013 BTC on major exchanges.

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

• Bitcoin (BTC) traded up 1% against the dollar and now trades at $60,833.88 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.1% lower against the dollar and now trades at $0.12 or 0.00000200 BTC.
• Bitcoin Cash (BCH) traded down 1.1% against the dollar and now trades at $379.94 or 0.00624556 BTC.
• Litecoin (LTC) traded up 3.5% against the dollar and now trades at $75.37 or 0.00123891 BTC.
• UNUS SED LEO (LEO) traded 1.1% higher against the dollar and now trades at $5.79 or 0.00009520 BTC.
• Ethereum Classic (ETC) traded 1.2% lower against the dollar and now trades at $23.17 or 0.00038081 BTC.
• Monero (XMR) traded down 0.7% against the dollar and now trades at $166.26 or 0.00273299 BTC.
• Arweave (AR) traded 5% higher against the dollar and now trades at $27.43 or 0.00045084 BTC.
• Bitcoin SV (BSV) traded down 0.9% against the dollar and now trades at $43.70 or 0.00071841 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. It was first traded on January 12th, 2014. DigiByte’s total supply is 17,100,040,231 coins. 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. DigiByte’s official website is digibyte.org. 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.”

Buying and Selling DigiByte

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

DGB/USD price chart by TradingView