DigiByte (DGB) Price Down 12.4% Over Last Week

DigiByte (DGB) traded 4.1% higher against the dollar during the 24 hour period ending at 10:00 AM Eastern on May 2nd. During the last week, DigiByte has traded down 12.4% against the dollar. DigiByte has a total market capitalization of $180.81 million and $9.05 million worth of DigiByte was traded on exchanges in the last 24 hours. One DigiByte coin can currently be bought for approximately $0.0106 or 0.00000018 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded up 2.2% against the dollar and now trades at $58,334.62 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 4.8% against the dollar and now trades at $0.13 or 0.00000222 BTC.
• Bitcoin Cash (BCH) traded up 3.1% against the dollar and now trades at $419.28 or 0.00718756 BTC.
• Litecoin (LTC) traded 3.3% higher against the dollar and now trades at $79.58 or 0.00136424 BTC.
• UNUS SED LEO (LEO) traded 1.7% higher against the dollar and now trades at $5.91 or 0.00010129 BTC.
• Ethereum Classic (ETC) traded 3.2% higher against the dollar and now trades at $25.48 or 0.00043687 BTC.
• Monero (XMR) traded 4.1% higher against the dollar and now trades at $124.41 or 0.00213264 BTC.
• Arweave (AR) traded up 19% against the dollar and now trades at $31.76 or 0.00054446 BTC.
• Bitcoin SV (BSV) traded 1.6% higher against the dollar and now trades at $57.83 or 0.00099127 BTC.
• eCash (XEC) traded up 3.4% against the dollar and now trades at $0.0000 or 0.00000000 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 16,984,329,380 coins. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. The official website for DigiByte is digibyte.org. The Reddit community for DigiByte is https://reddit.com/r/digibyte and the currency’s Github account can be viewed here. The official message board for DigiByte is dgbforum.com.

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 presently possible to buy alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to trade DigiByte should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy DigiByte using one of the exchanges listed above.

DGB/USD price chart by TradingView