DigiByte (DGB) Reaches 1-Day Volume of $8.75 Million

DigiByte (DGB) traded up 8.1% against the U.S. dollar during the one day period ending at 20:00 PM E.T. on June 23rd. One DigiByte coin can now be purchased for $0.0103 or 0.00000049 BTC on popular cryptocurrency exchanges. In the last week, DigiByte has traded 14.8% higher against the U.S. dollar. DigiByte has a total market cap of $158.65 million and approximately $8.75 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:

  • Circuits of Value (COVAL) traded up 1.6% against the dollar and now trades at $0.0119 or 0.00000056 BTC.
  • Primecoin (XPM) traded up 10.5% against the dollar and now trades at $0.0285 or 0.00000135 BTC.
  • Quark (QRK) traded up 0.5% against the dollar and now trades at $0.0035 or 0.00000017 BTC.
  • Myriad (XMY) traded 23.9% lower against the dollar and now trades at $0.0001 or 0.00000001 BTC.
  • X-HASH (XSH) traded 1.5% higher against the dollar and now trades at $2.58 or 0.00006107 BTC.
  • TeeCoin (TEC) traded flat against the dollar and now trades at $0.0013 or 0.00000007 BTC.
  • Safari (SFR) traded flat against the dollar and now trades at $1,359.05 or 0.00000000 BTC.

DigiByte Coin Profile

DigiByte is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. It launched on January 10th, 2014. DigiByte’s total supply is 15,436,485,381 coins. The official website for DigiByte is www.digibyte.io. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. The Reddit community for DigiByte is /r/Digibyte and the currency’s Github account can be viewed here. The official message board for DigiByte is dgbforum.com.

According to CryptoCompare, “Security: DigiByte uses five highly advanced cryptographic algorithms. Speed: DigiByte transaction notifications occur in 1-3 seconds, blocks are discovered every thirty seconds and transactions are fully confirmed every 3 minutes. Future planned upgrades will make these times even faster. Fees: Most DigiByte to DigiByte transactions are free or carry a very small network-mining fee to incentivize people to mine. Worldwide: DigiBytes are already stored, traded and transacted in over 89 countries. Decentralization: There is no need for a middleman or third party or central server. Re-Spend: Send DigiBytes you received to someone else in as little as three minutes. Finite Production: New DigiBytes are added to the network every thirty seconds through a process called mining as each new block (or grouping of transactions in a spreadsheet like format) is discovered by the network. Scarcity: 21 Billion DigiBytes will be created in 21 years. 1% Monthly New Minting Reduction: New DigiByte production decreases 1% every month. Mining: DigiByte mining is decentralized with five independent, highly secure mining algorithms. Adaptable, innovative & flexible: DigiByte is constantly adding new features & services to remain on the cutting edge of digital currency technology. Committed Development: DigiByte has been under constant, progressive development for over one year now with core development team members from all over the world. Millennial Acquisition Potential: DigiByte provides merchants, banks & other legacy institutions with a new means of acquiring & connecting with tech savvy millennial users. A Bright Future: DigiByte has many new & exciting projects underway to be released throughout 2015 to increase DigiByte utility and new user adoption across the globe. “

DigiByte Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as DigiByte directly using U.S. dollars. Investors seeking to acquire DigiByte should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase DigiByte using one of the aforementioned exchanges.

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