DigiByte (DGB) 1-Day Trading Volume Tops $3.20 Million

DigiByte (DGB) traded up 4.4% against the US dollar during the 24-hour period ending at 12:00 PM Eastern on June 10th. DigiByte has a total market capitalization of $163.70 million and approximately $3.20 million worth of DigiByte was traded on exchanges in the last 24 hours. Over the last week, DigiByte has traded down 2.3% against the US dollar. One DigiByte coin can currently be purchased for approximately $0.0092 or 0.00000008 BTC on major cryptocurrency exchanges.

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

• Arweave (AR) traded up 7.6% against the dollar and now trades at $7.11 or 0.00006513 BTC.
• Bitcoin (BTC) traded 1.1% higher against the dollar and now trades at $109,124.10 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 3.4% against the dollar and now trades at $0.19 or 0.00000175 BTC.
• Bitcoin Cash (BCH) traded up 2.3% against the dollar and now trades at $429.34 or 0.00393534 BTC.
• UNUS SED LEO (LEO) traded down 3.2% against the dollar and now trades at $8.89 or 0.00008151 BTC.
• Litecoin (LTC) traded 2.9% higher against the dollar and now trades at $91.09 or 0.00083496 BTC.
• Monero (XMR) traded 0.9% higher against the dollar and now trades at $332.10 or 0.00304406 BTC.
• Ethereum Classic (ETC) traded 6.1% higher against the dollar and now trades at $18.16 or 0.00016643 BTC.
• Zcash (ZEC) traded up 4.2% against the dollar and now trades at $52.23 or 0.00047877 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

About DigiByte

DigiByte (CRYPTO:DGB) is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. It launched on January 12th, 2014. DigiByte’s total supply is 17,737,587,284 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 website is digibyte.org. The official message board for DigiByte is dgbforum.com.

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 U.S. dollars. Investors seeking to acquire DigiByte should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. 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