DigiByte Hits 24 Hour Trading Volume of $7.26 Million (DGB)

DigiByte (DGB) traded up 4.3% against the dollar during the 1 day period ending at 11:00 AM ET on April 3rd. One DigiByte coin can now be purchased for $0.0092 or 0.00000011 BTC on cryptocurrency exchanges. During the last seven days, DigiByte has traded down 19% against the dollar. DigiByte has a market capitalization of $161.61 million and approximately $7.26 million worth of DigiByte was traded on exchanges in the last day.

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

• Arweave (AR) traded 4.7% lower against the dollar and now trades at $5.56 or 0.00006822 BTC.
• Bitcoin (BTC) traded 6% lower against the dollar and now trades at $81,520.69 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 10.7% against the dollar and now trades at $0.16 or 0.00000191 BTC.
• UNUS SED LEO (LEO) traded up 0.3% against the dollar and now trades at $9.39 or 0.00011525 BTC.
• Litecoin (LTC) traded down 5.2% against the dollar and now trades at $80.77 or 0.00099075 BTC.
• Bitcoin Cash (BCH) traded 5.3% lower against the dollar and now trades at $293.06 or 0.00359491 BTC.
• Monero (XMR) traded down 4.8% against the dollar and now trades at $211.44 or 0.00259369 BTC.
• Ethereum Classic (ETC) traded 5.6% lower against the dollar and now trades at $15.67 or 0.00019223 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Zcash (ZEC) traded down 4.8% against the dollar and now trades at $37.72 or 0.00046276 BTC.

DigiByte Coin Profile

DGB is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. Its launch date was January 12th, 2014. DigiByte’s total supply is 17,618,458,901 coins. DigiByte’s official website is digibyte.org. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. The official message board for DigiByte is dgbforum.com. The Reddit community for DigiByte is https://reddit.com/r/digibyte and the currency’s Github account can be viewed here.

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.”

DigiByte Coin Trading

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

DGB/USD price chart by TradingView