DigiByte Reaches One Day Trading Volume of $4.72 Million (DGB)

DigiByte (DGB) traded up 3% against the dollar during the 24-hour period ending at 18:00 PM E.T. on January 25th. One DigiByte coin can now be purchased for approximately $0.0108 or 0.00000047 BTC on popular exchanges. In the last seven days, DigiByte has traded 15.2% higher against the dollar. DigiByte has a market capitalization of $171.85 million and approximately $4.72 million worth of DigiByte was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed in the last 24 hours:

  • Bitcoin (BTC) traded up 1.4% against the dollar and now trades at $23,025.38 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded 1.9% higher against the dollar and now trades at $0.0861 or 0.00000374 BTC.
  • Litecoin (LTC) traded up 2.4% against the dollar and now trades at $89.05 or 0.00386763 BTC.
  • UNUS SED LEO (LEO) traded 2.6% higher against the dollar and now trades at $3.54 or 0.00015388 BTC.
  • Monero (XMR) traded 2.3% higher against the dollar and now trades at $173.29 or 0.00752598 BTC.
  • Ethereum Classic (ETC) traded 2.6% higher against the dollar and now trades at $21.74 or 0.00094429 BTC.
  • Bitcoin Cash (BCH) traded up 2.7% against the dollar and now trades at $131.37 or 0.00570541 BTC.
  • DEI (DEI) traded down 2% against the dollar and now trades at $0.26 or 0.00001113 BTC.
  • Pax Dollar (USDP) traded up 0.1% against the dollar and now trades at $1.00 or 0.00004329 BTC.
  • Bitcoin SV (BSV) traded 3.1% lower against the dollar and now trades at $41.33 or 0.00179499 BTC.

DigiByte Profile

DigiByte (DGB) 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 15,972,004,233 coins. 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. The official message board for DigiByte is dgbforum.com. The official website for DigiByte is digibyte.org.

According to CryptoCompare, “A coin that has adopted the Bitcoin “21” figure but increased the supply to 21 billion – with over 5 algorithms to mine with (Scryt, Sha-256, Qubit, Skein, Groestl) ¬†– in order to keep mining local and in the hands of many. A 60 second block target, a 0.5% premine and a block retarget every 2.4 hrs or 244 blocks.DigiByte: Refers to the entire DigiByte network or a single monetary unit on the payment network. 21 billion DigiBytes will be created over 21 years.Block: A grouping of all transactions sent over the DigiByte network within a 30 second time frame. Think of a block as an excel spreadsheet that lists the address location of all DigiBytes at a given point in time in history. New DigiBytes are brought into circulation as each block is discovered on the network through a process called mining.Mining: Mining is how transactions are processed on the network. Anyone can become a miner by donating and using their desktop, laptop or mobile phone computing power to help process transactions on the DigiByte network. ¬†DigiByte has made this process even easier with our 3 click mining software for beginners.Blockchain: The DigiByte blockchain is the entire history of all blocks discovered on the network & therefore all transactions made on the network. Each block references the proceeding block all the way back to the beginning of the network to what is known as the genesis block. By linking blocks (spreadsheets) together an accurate, secure accounting of all up to date DigiByte ownership is made by decentralized consensus.”

Buying and Selling DigiByte

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

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