DigiByte (DGB) Hits 1-Day Trading Volume of $10.12 Million

DigiByte (DGB) traded up 4.8% against the US dollar during the 24 hour period ending at 11:00 AM ET on April 19th. One DigiByte coin can now be bought for about $0.0131 or 0.00000020 BTC on popular exchanges. DigiByte has a market capitalization of $221.57 million and $10.12 million worth of DigiByte was traded on exchanges in the last day. During the last seven days, DigiByte has traded down 9.4% against the US dollar.

Here is how other cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded up 1.1% against the dollar and now trades at $64,538.34 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.1% higher against the dollar and now trades at $0.15 or 0.00000237 BTC.
• Bitcoin Cash (BCH) traded 1.9% lower against the dollar and now trades at $476.80 or 0.00738792 BTC.
• Litecoin (LTC) traded 1.1% lower against the dollar and now trades at $81.18 or 0.00125779 BTC.
• UNUS SED LEO (LEO) traded down 0.5% against the dollar and now trades at $5.82 or 0.00009017 BTC.
• Ethereum Classic (ETC) traded down 0.3% against the dollar and now trades at $26.12 or 0.00040479 BTC.
• Monero (XMR) traded 2.6% higher against the dollar and now trades at $119.33 or 0.00184904 BTC.
• Arweave (AR) traded 9.4% higher against the dollar and now trades at $27.34 or 0.00042357 BTC.
• Bitcoin SV (BSV) traded down 1.1% against the dollar and now trades at $66.38 or 0.00102859 BTC.
• eCash (XEC) traded 0.1% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.

DigiByte Profile

DigiByte (DGB) is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. It launched on January 12th, 2014. DigiByte’s total supply is 16,958,316,926 coins. DigiByte’s official website is digibyte.org. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. 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.

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

DGB/USD price chart by TradingView