DigiByte (DGB) Reaches 24 Hour Volume of $3.24 Million

DigiByte (DGB) traded 3.8% higher against the dollar during the 1-day period ending at 7:00 AM Eastern on August 12th. One DigiByte coin can now be bought for about $0.0040 or 0.00000006 BTC on major cryptocurrency exchanges. DigiByte has a total market capitalization of $71.68 million and approximately $3.24 million worth of DigiByte was traded on exchanges in the last day. Over the last week, DigiByte has traded 5% higher against the dollar.

Here is how related cryptocurrencies have performed over the last day:

• Arweave (AR) traded 1.2% lower against the dollar and now trades at $1.79 or 0.00002793 BTC.
• Bitcoin (BTC) traded 0.3% lower against the dollar and now trades at $64,126.13 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 2% against the dollar and now trades at $0.0719 or 0.00000112 BTC.
• UNUS SED LEO (LEO) traded down 2.6% against the dollar and now trades at $9.15 or 0.00014252 BTC.
• Zcash (ZEC) traded up 0.1% against the dollar and now trades at $489.51 or 0.00762856 BTC.
• Monero (XMR) traded 0.8% higher against the dollar and now trades at $398.57 or 0.00621141 BTC.
• Bitcoin Cash (BCH) traded up 0% against the dollar and now trades at $214.63 or 0.00334479 BTC.
• Litecoin (LTC) traded 0.1% lower against the dollar and now trades at $45.42 or 0.00070781 BTC.
• Ethereum Classic (ETC) traded 0.9% higher against the dollar and now trades at $6.44 or 0.00010043 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

DigiByte Coin Profile

DigiByte is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. Its launch date was January 8th, 2014. DigiByte’s total supply is 18,423,426,138 coins and its circulating supply is 18,080,540,706 coins. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. 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. The official message board for DigiByte is medium.com/@digibyte_official.

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. Telegram, Facebook, LinkedIn, Instagram, YouTubeWhitepaper”

DigiByte Coin Trading

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

DGB/USD price chart by TradingView