DigiByte Hits 24 Hour Trading Volume of $6.44 Million (DGB)

DigiByte (DGB) traded up 2.7% against the dollar during the twenty-four hour period ending at 21:00 PM Eastern on May 5th. DigiByte has a total market cap of $196.75 million and approximately $6.44 million worth of DigiByte was traded on exchanges in the last 24 hours. One DigiByte coin can currently be bought for $0.0116 or 0.00000018 BTC on popular exchanges. In the last seven days, DigiByte has traded up 0.7% against the dollar.

Here is how other cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded 1.8% higher against the dollar and now trades at $64,196.64 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 5.2% against the dollar and now trades at $0.16 or 0.00000254 BTC.
• Bitcoin Cash (BCH) traded 2.5% higher against the dollar and now trades at $468.06 or 0.00729098 BTC.
• Litecoin (LTC) traded 1% higher against the dollar and now trades at $81.33 or 0.00126684 BTC.
• UNUS SED LEO (LEO) traded up 0.2% against the dollar and now trades at $5.85 or 0.00009113 BTC.
• Ethereum Classic (ETC) traded up 4.7% against the dollar and now trades at $27.72 or 0.00043181 BTC.
• Arweave (AR) traded 14.1% higher against the dollar and now trades at $40.26 or 0.00062708 BTC.
• Monero (XMR) traded up 8.4% against the dollar and now trades at $134.08 or 0.00208860 BTC.
• Bitcoin SV (BSV) traded up 2.4% against the dollar and now trades at $65.02 or 0.00101280 BTC.
• eCash (XEC) traded up 2.9% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

About DigiByte

DigiByte is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. It launched on January 12th, 2014. DigiByte’s total supply is 16,991,345,097 coins. The official message board for DigiByte is dgbforum.com. The official website for DigiByte is digibyte.org. 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.

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.”

Buying and Selling DigiByte

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

DGB/USD price chart by TradingView