DigiByte Market Capitalization Tops $206.91 Million (DGB)

DigiByte (DGB) traded down 0.8% against the dollar during the 1-day period ending at 20:00 PM E.T. on February 28th. Over the last week, DigiByte has traded up 33.4% against the dollar. One DigiByte coin can currently be bought for about $0.0123 or 0.00000020 BTC on exchanges. DigiByte has a total market capitalization of $206.91 million and $12.14 million worth of DigiByte was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed over the last day:

  • Bitcoin (BTC) traded up 7.8% against the dollar and now trades at $61,383.35 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded 17.3% higher against the dollar and now trades at $0.11 or 0.00000185 BTC.
  • Bitcoin Cash (BCH) traded 2.2% higher against the dollar and now trades at $298.36 or 0.00486066 BTC.
  • Litecoin (LTC) traded up 2.5% against the dollar and now trades at $75.95 or 0.00123737 BTC.
  • Ethereum Classic (ETC) traded up 8.5% against the dollar and now trades at $30.63 or 0.00049894 BTC.
  • UNUS SED LEO (LEO) traded 2.8% lower against the dollar and now trades at $4.25 or 0.00006922 BTC.
  • Monero (XMR) traded 3.4% higher against the dollar and now trades at $134.52 or 0.00219145 BTC.
  • Arweave (AR) traded 37.8% higher against the dollar and now trades at $27.95 or 0.00045533 BTC.
  • Bitcoin SV (BSV) traded 1.7% higher against the dollar and now trades at $81.77 or 0.00133208 BTC.
  • Conflux (CFX) traded up 8.6% against the dollar and now trades at $0.27 or 0.00000439 BTC.

DigiByte Coin Profile

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 16,855,449,258 coins. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. The official message board for DigiByte is dgbforum.com. DigiByte’s official website is digibyte.org. The Reddit community for DigiByte is https://reddit.com/r/digibyte and the currency’s Github account can be viewed 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 U.S. dollars. Investors seeking to trade DigiByte should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy DigiByte using one of the aforementioned exchanges.

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