DigiByte Reaches Market Cap of $101.63 Million (DGB)

DigiByte (DGB) traded 7.3% higher against the dollar during the 24 hour period ending at 12:00 PM Eastern on November 6th. During the last week, DigiByte has traded 4.4% lower against the dollar. DigiByte has a market cap of $101.63 million and $3.40 million worth of DigiByte was traded on exchanges in the last day. One DigiByte coin can now be bought for about $0.0059 or 0.00000008 BTC on popular cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded 6.3% higher against the dollar and now trades at $74,297.72 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 8.4% against the dollar and now trades at $0.19 or 0.00000257 BTC.
• Bitcoin Cash (BCH) traded up 7.4% against the dollar and now trades at $368.88 or 0.00496491 BTC.
• UNUS SED LEO (LEO) traded 1% higher against the dollar and now trades at $6.11 or 0.00008228 BTC.
• Litecoin (LTC) traded up 4.5% against the dollar and now trades at $69.48 or 0.00093514 BTC.
• Monero (XMR) traded up 0.5% against the dollar and now trades at $163.26 or 0.00219732 BTC.
• Ethereum Classic (ETC) traded up 4.7% against the dollar and now trades at $19.07 or 0.00025668 BTC.
• Arweave (AR) traded 10.3% higher against the dollar and now trades at $15.29 or 0.00020577 BTC.
• Bitcoin SV (BSV) traded 6.4% higher against the dollar and now trades at $50.29 or 0.00067683 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

About DigiByte

DigiByte (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 17,348,924,780 coins. The official website for DigiByte is digibyte.org. The official message board for DigiByte is dgbforum.com. The Reddit community for DigiByte is https://reddit.com/r/digibyte and the currency’s Github account can be viewed here. 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 currently 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 Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy DigiByte using one of the exchanges listed above.

DGB/USD price chart by TradingView