DigiByte (DGB) One Day Trading Volume Tops $3.13 Million

DigiByte (DGB) traded 1.1% lower against the US dollar during the 24-hour period ending at 15:00 PM ET on October 25th. One DigiByte coin can now be bought for $0.0062 or 0.00000009 BTC on popular cryptocurrency exchanges. In the last seven days, DigiByte has traded 8.5% lower against the US dollar. DigiByte has a market cap of $107.22 million and approximately $3.13 million worth of DigiByte was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded down 2% against the dollar and now trades at $67,390.72 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 3.7% against the dollar and now trades at $0.14 or 0.00000201 BTC.
• Bitcoin Cash (BCH) traded up 0.6% against the dollar and now trades at $363.94 or 0.00539742 BTC.
• UNUS SED LEO (LEO) traded down 1.9% against the dollar and now trades at $6.00 or 0.00008897 BTC.
• Litecoin (LTC) traded 0.6% higher against the dollar and now trades at $71.58 or 0.00106154 BTC.
• Monero (XMR) traded up 0.4% against the dollar and now trades at $156.38 or 0.00231911 BTC.
• Ethereum Classic (ETC) traded up 1.4% against the dollar and now trades at $19.09 or 0.00028317 BTC.
• Arweave (AR) traded down 1.7% against the dollar and now trades at $17.90 or 0.00026544 BTC.
• Bitcoin SV (BSV) traded 0.8% lower against the dollar and now trades at $47.65 or 0.00070674 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 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 17,326,602,331 coins. DigiByte’s official message board 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. 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 buy alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to acquire DigiByte should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy DigiByte using one of the aforementioned exchanges.

DGB/USD price chart by TradingView