DigiByte (DGB) Trading 7.9% Higher This Week

DigiByte (DGB) traded up 3.1% against the U.S. dollar during the 24-hour period ending at 11:00 AM E.T. on March 6th. DigiByte has a market cap of $149.13 million and approximately $5.37 million worth of DigiByte was traded on exchanges in the last day. In the last seven days, DigiByte has traded up 7.9% against the U.S. dollar. One DigiByte coin can now be purchased for $0.0085 or 0.00000009 BTC on popular cryptocurrency exchanges.

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

• Bitcoin (BTC) traded up 2.5% against the dollar and now trades at $90,245.54 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 3.1% against the dollar and now trades at $0.20 or 0.00000227 BTC.
• UNUS SED LEO (LEO) traded 0.2% higher against the dollar and now trades at $9.90 or 0.00010975 BTC.
• Litecoin (LTC) traded up 2.4% against the dollar and now trades at $104.46 or 0.00115751 BTC.
• Bitcoin Cash (BCH) traded 1.8% higher against the dollar and now trades at $392.11 or 0.00434493 BTC.
• Monero (XMR) traded up 0.9% against the dollar and now trades at $225.98 or 0.00250401 BTC.
• Ethereum Classic (ETC) traded up 0.1% against the dollar and now trades at $20.20 or 0.00022387 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• IOTA (MIOTA) traded 1.4% higher against the dollar and now trades at $0.22 or 0.00000239 BTC.
• Bitcoin SV (BSV) traded down 1.1% against the dollar and now trades at $36.45 or 0.00040390 BTC.

DigiByte Coin Profile

DGB 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 17,568,729,156 coins. DigiByte’s official website is digibyte.org. The official message board for DigiByte is dgbforum.com. 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.

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.”

DigiByte Coin Trading

It is usually not currently 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 aforementioned exchanges.

DGB/USD price chart by TradingView