DigiByte (DGB) Price Tops $0.0057 on Top Exchanges

DigiByte (DGB) traded 9.2% higher against the U.S. dollar during the 1 day period ending at 23:00 PM E.T. on November 5th. In the last week, DigiByte has traded 8.7% lower against the U.S. dollar. DigiByte has a total market cap of $99.14 million and $2.91 million worth of DigiByte was traded on exchanges in the last 24 hours. One DigiByte coin can now be purchased for $0.0057 or 0.00000008 BTC on major exchanges.

Here is how other cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded 9.3% higher against the dollar and now trades at $74,702.68 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 29.2% against the dollar and now trades at $0.21 or 0.00000281 BTC.
• Bitcoin Cash (BCH) traded 11.2% higher against the dollar and now trades at $371.36 or 0.00497072 BTC.
• UNUS SED LEO (LEO) traded 0% lower against the dollar and now trades at $6.05 or 0.00008095 BTC.
• Litecoin (LTC) traded 5.2% higher against the dollar and now trades at $70.07 or 0.00093795 BTC.
• Monero (XMR) traded 0.3% lower against the dollar and now trades at $159.46 or 0.00213437 BTC.
• Ethereum Classic (ETC) traded 7.6% higher against the dollar and now trades at $19.24 or 0.00025755 BTC.
• Bitcoin SV (BSV) traded up 10.2% against the dollar and now trades at $50.79 or 0.00067981 BTC.
• Arweave (AR) traded up 11.1% against the dollar and now trades at $14.74 or 0.00019736 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

DigiByte 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 17,347,948,481 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. DigiByte’s official message board 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.”

Buying and Selling DigiByte

It is usually not presently 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