DigiByte (DGB) Market Cap Hits $242.25 Million

DigiByte (DGB) traded 3% higher against the US dollar during the 24 hour period ending at 9:00 AM ET on March 29th. In the last week, DigiByte has traded 5.6% higher against the US dollar. DigiByte has a market cap of $242.25 million and $9.89 million worth of DigiByte was traded on exchanges in the last day. One DigiByte coin can currently be purchased for $0.0143 or 0.00000020 BTC on popular cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded down 0.6% against the dollar and now trades at $70,286.34 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 0.8% against the dollar and now trades at $0.22 or 0.00000308 BTC.
• Bitcoin Cash (BCH) traded 7.5% higher against the dollar and now trades at $614.65 or 0.00874490 BTC.
• Litecoin (LTC) traded up 9.3% against the dollar and now trades at $103.55 or 0.00147321 BTC.
• UNUS SED LEO (LEO) traded up 0.3% against the dollar and now trades at $6.09 or 0.00008661 BTC.
• Ethereum Classic (ETC) traded up 4.6% against the dollar and now trades at $33.80 or 0.00048086 BTC.
• Arweave (AR) traded 3.1% lower against the dollar and now trades at $41.14 or 0.00058531 BTC.
• Monero (XMR) traded 1.1% lower against the dollar and now trades at $134.77 or 0.00191737 BTC.
• Bitcoin SV (BSV) traded 4.3% higher against the dollar and now trades at $96.83 or 0.00137771 BTC.
• Conflux (CFX) traded 3.3% higher against the dollar and now trades at $0.49 or 0.00000696 BTC.

About DigiByte

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 16,915,757,530 coins. 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. DigiByte’s official website is digibyte.org. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible 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.”

DigiByte Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to trade DigiByte should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. 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