DigiByte Price Up 9.6% Over Last Week (DGB)

DigiByte (DGB) traded up 5.4% against the U.S. dollar during the 24 hour period ending at 11:00 AM Eastern on January 17th. Over the last week, DigiByte has traded 9.6% higher against the U.S. dollar. DigiByte has a market capitalization of $235.85 million and approximately $7.80 million worth of DigiByte was traded on exchanges in the last day. One DigiByte coin can currently be purchased for about $0.0135 or 0.00000013 BTC on major cryptocurrency exchanges.

Here is how related cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded up 5.4% against the dollar and now trades at $104,720.39 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 7.9% higher against the dollar and now trades at $0.41 or 0.00000395 BTC.
• Litecoin (LTC) traded up 8.1% against the dollar and now trades at $136.26 or 0.00130118 BTC.
• Bitcoin Cash (BCH) traded 4.4% higher against the dollar and now trades at $485.16 or 0.00463291 BTC.
• UNUS SED LEO (LEO) traded up 1.1% against the dollar and now trades at $9.74 or 0.00009303 BTC.
• Ethereum Classic (ETC) traded up 3.4% against the dollar and now trades at $27.95 or 0.00026693 BTC.
• Monero (XMR) traded 4.4% higher against the dollar and now trades at $226.21 or 0.00216010 BTC.
• IOTA (MIOTA) traded 1.6% lower against the dollar and now trades at $0.40 or 0.00000380 BTC.
• Arweave (AR) traded 1.7% higher against the dollar and now trades at $17.77 or 0.00016970 BTC.
• Bitcoin SV (BSV) traded up 2.7% against the dollar and now trades at $58.76 or 0.00056113 BTC.

About 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 17,481,946,385 coins. DigiByte’s official message board is dgbforum.com. The official website for DigiByte is digibyte.org. 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.

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 purchase alternative cryptocurrencies such as DigiByte directly using U.S. dollars. Investors seeking to trade DigiByte should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase DigiByte using one of the exchanges listed above.

DGB/USD price chart by TradingView