DigiByte (DGB) Reaches One Day Volume of $3.10 Million

DigiByte (DGB) traded 2.7% higher against the US dollar during the 1-day period ending at 8:00 AM E.T. on July 11th. One DigiByte coin can now be bought for $0.0026 or 0.00000004 BTC on popular cryptocurrency exchanges. In the last week, DigiByte has traded 0.2% lower against the US dollar. DigiByte has a total market cap of $46.13 million and approximately $3.10 million worth of DigiByte was traded on exchanges in the last 24 hours.

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

• Arweave (AR) traded up 0.1% against the dollar and now trades at $1.99 or 0.00003110 BTC.
• Bitcoin (BTC) traded down 0.3% against the dollar and now trades at $64,136.30 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 0.7% against the dollar and now trades at $0.0745 or 0.00000116 BTC.
• UNUS SED LEO (LEO) traded 2% higher against the dollar and now trades at $9.56 or 0.00014913 BTC.
• Zcash (ZEC) traded 0.2% higher against the dollar and now trades at $503.28 or 0.00784711 BTC.
• Monero (XMR) traded 0.3% higher against the dollar and now trades at $319.46 or 0.00498091 BTC.
• Bitcoin Cash (BCH) traded 0.8% lower against the dollar and now trades at $247.38 or 0.00385714 BTC.
• Litecoin (LTC) traded 1.4% higher against the dollar and now trades at $45.14 or 0.00070379 BTC.
• Ethereum Classic (ETC) traded 0.1% lower against the dollar and now trades at $7.08 or 0.00011032 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

DigiByte Profile

DGB is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. It launched on January 8th, 2014. DigiByte’s total supply is 18,375,997,810 coins and its circulating supply is 18,080,540,706 coins. The Reddit community for DigiByte is https://reddit.com/r/digibyte and the currency’s Github account can be viewed here. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. The official message board for DigiByte is medium.com/@digibyte_official. The official website for DigiByte is digibyte.org.

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

DGB/USD price chart by TradingView