DigiByte Price Up 17.4% This Week (DGB)

DigiByte (DGB) traded up 13.7% against the US dollar during the 1 day period ending at 22:00 PM E.T. on May 6th. One DigiByte coin can currently be bought for about $0.0132 or 0.00000021 BTC on popular cryptocurrency exchanges. In the last seven days, DigiByte has traded 17.4% higher against the US dollar. DigiByte has a market capitalization of $223.56 million and $59.69 million worth of DigiByte was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 0.6% lower against the dollar and now trades at $63,804.49 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 4.2% lower against the dollar and now trades at $0.16 or 0.00000247 BTC.
• Bitcoin Cash (BCH) traded 2.1% higher against the dollar and now trades at $478.95 or 0.00750652 BTC.
• Litecoin (LTC) traded 0% lower against the dollar and now trades at $81.35 or 0.00127492 BTC.
• UNUS SED LEO (LEO) traded 1% lower against the dollar and now trades at $5.80 or 0.00009084 BTC.
• Ethereum Classic (ETC) traded down 2.7% against the dollar and now trades at $27.36 or 0.00042889 BTC.
• Arweave (AR) traded up 6.2% against the dollar and now trades at $42.41 or 0.00066468 BTC.
• Monero (XMR) traded 2.6% lower against the dollar and now trades at $130.77 or 0.00204962 BTC.
• Bitcoin SV (BSV) traded 0.3% lower against the dollar and now trades at $64.80 or 0.00101555 BTC.
• eCash (XEC) traded down 0.2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

DigiByte Profile

DigiByte is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. Its genesis date was January 12th, 2014. DigiByte’s total supply is 16,993,344,132 coins. 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. The official website for DigiByte is digibyte.org. DigiByte’s official message board is dgbforum.com.

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

DGB/USD price chart by TradingView