DigiByte (DGB) Trading 16.3% Lower Over Last 7 Days

DigiByte (DGB) traded down 3.6% against the US dollar during the 1 day period ending at 13:00 PM E.T. on August 7th. Over the last seven days, DigiByte has traded down 16.3% against the US dollar. DigiByte has a total market cap of $104.16 million and $6.70 million worth of DigiByte was traded on exchanges in the last 24 hours. One DigiByte coin can currently be purchased for about $0.0061 or 0.00000011 BTC on popular exchanges.

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

• Bitcoin (BTC) traded 1.7% lower against the dollar and now trades at $55,873.02 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 0.4% against the dollar and now trades at $0.0973 or 0.00000174 BTC.
• Bitcoin Cash (BCH) traded 1.9% lower against the dollar and now trades at $315.25 or 0.00564219 BTC.
• UNUS SED LEO (LEO) traded 2.1% higher against the dollar and now trades at $5.78 or 0.00010344 BTC.
• Litecoin (LTC) traded down 3.3% against the dollar and now trades at $56.98 or 0.00101985 BTC.
• Monero (XMR) traded down 1% against the dollar and now trades at $147.67 or 0.00264290 BTC.
• Ethereum Classic (ETC) traded down 1.4% against the dollar and now trades at $18.04 or 0.00032283 BTC.
• Arweave (AR) traded 4.2% lower against the dollar and now trades at $19.96 or 0.00035719 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded 4.5% higher against the dollar and now trades at $39.19 or 0.00070139 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 17,175,772,964 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. The official message board for DigiByte is dgbforum.com. DigiByte’s official website is digibyte.org.

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 presently possible to purchase alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to acquire DigiByte should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. 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