DigiByte Achieves Market Cap of $212.98 Million (DGB)

DigiByte (DGB) traded up 2.6% against the dollar during the 24 hour period ending at 21:00 PM ET on May 8th. DigiByte has a market cap of $212.98 million and approximately $11.29 million worth of DigiByte was traded on exchanges in the last 24 hours. One DigiByte coin can currently be purchased for approximately $0.0125 or 0.00000020 BTC on major cryptocurrency exchanges. In the last seven days, DigiByte has traded 20.8% higher against the dollar.

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

• Bitcoin (BTC) traded down 1.7% against the dollar and now trades at $61,484.35 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 3.4% lower against the dollar and now trades at $0.15 or 0.00000237 BTC.
• Bitcoin Cash (BCH) traded down 3.3% against the dollar and now trades at $452.16 or 0.00735409 BTC.
• Litecoin (LTC) traded up 1.2% against the dollar and now trades at $81.85 or 0.00133119 BTC.
• UNUS SED LEO (LEO) traded up 1.1% against the dollar and now trades at $5.93 or 0.00009660 BTC.
• Ethereum Classic (ETC) traded 1.1% lower against the dollar and now trades at $27.04 or 0.00043982 BTC.
• Arweave (AR) traded 0.6% higher against the dollar and now trades at $38.26 or 0.00062306 BTC.
• Monero (XMR) traded 3.1% higher against the dollar and now trades at $132.85 or 0.00216077 BTC.
• Bitcoin SV (BSV) traded 1.5% lower against the dollar and now trades at $62.40 or 0.00101624 BTC.
• eCash (XEC) traded 1.9% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

DigiByte Coin Profile

DigiByte (CRYPTO: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 16,997,351,229 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. DigiByte’s official message board is dgbforum.com. DigiByte’s official website 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 currently possible to purchase alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to acquire DigiByte should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase DigiByte using one of the exchanges listed above.

DGB/USD price chart by TradingView