DigiByte (DGB) Hits 24 Hour Trading Volume of $12.90 Million

DigiByte (DGB) traded 0.5% lower against the U.S. dollar during the 1-day period ending at 11:00 AM E.T. on May 8th. One DigiByte coin can now be bought for approximately $0.0122 or 0.00000020 BTC on major exchanges. DigiByte has a total market cap of $207.94 million and approximately $12.90 million worth of DigiByte was traded on exchanges in the last day. In the last week, DigiByte has traded up 20.5% against the U.S. dollar.

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

• Bitcoin (BTC) traded 2.9% lower against the dollar and now trades at $61,936.60 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 5.9% lower against the dollar and now trades at $0.15 or 0.00000238 BTC.
• Bitcoin Cash (BCH) traded 5.4% lower against the dollar and now trades at $458.63 or 0.00740487 BTC.
• Litecoin (LTC) traded 1.2% lower against the dollar and now trades at $81.02 or 0.00130808 BTC.
• UNUS SED LEO (LEO) traded up 2% against the dollar and now trades at $5.92 or 0.00009550 BTC.
• Ethereum Classic (ETC) traded up 2.9% against the dollar and now trades at $28.13 or 0.00045410 BTC.
• Arweave (AR) traded down 7.1% against the dollar and now trades at $36.65 or 0.00059175 BTC.
• Monero (XMR) traded 2.9% lower against the dollar and now trades at $128.07 or 0.00206772 BTC.
• Bitcoin SV (BSV) traded 2.3% lower against the dollar and now trades at $63.78 or 0.00102975 BTC.
• eCash (XEC) traded down 4.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

About DigiByte

DigiByte (CRYPTO: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 16,996,348,240 coins. The Reddit community for DigiByte is https://reddit.com/r/digibyte and the currency’s Github account can be viewed here. The official website for DigiByte 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.

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

DGB/USD price chart by TradingView