DigiByte (DGB) Market Capitalization Achieves $135.03 Million

DigiByte (DGB) traded 1.4% lower against the US dollar during the one day period ending at 19:00 PM Eastern on August 24th. One DigiByte coin can currently be bought for about $0.0078 or 0.00000012 BTC on popular cryptocurrency exchanges. Over the last week, DigiByte has traded 9.5% higher against the US dollar. DigiByte has a total market cap of $135.03 million and approximately $5.95 million worth of DigiByte was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded 0.1% lower against the dollar and now trades at $63,950.85 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 1.2% against the dollar and now trades at $0.11 or 0.00000175 BTC.
• Bitcoin Cash (BCH) traded down 1% against the dollar and now trades at $362.38 or 0.00566634 BTC.
• UNUS SED LEO (LEO) traded up 1.5% against the dollar and now trades at $5.97 or 0.00009332 BTC.
• Litecoin (LTC) traded up 0.1% against the dollar and now trades at $66.46 or 0.00103921 BTC.
• Monero (XMR) traded 2.2% lower against the dollar and now trades at $168.67 or 0.00263744 BTC.
• Ethereum Classic (ETC) traded down 0.5% against the dollar and now trades at $20.59 or 0.00032193 BTC.
• Arweave (AR) traded down 1.5% against the dollar and now trades at $26.17 or 0.00040918 BTC.
• Bitcoin SV (BSV) traded 1.4% lower against the dollar and now trades at $46.99 or 0.00073482 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 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 17,209,069,748 coins. The official website for DigiByte is digibyte.org. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. 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.

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 Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase DigiByte using one of the aforementioned exchanges.

DGB/USD price chart by TradingView