DigiByte Reaches 24 Hour Volume of $7.10 Million (DGB)

DigiByte (DGB) traded up 2.2% against the U.S. dollar during the 24 hour period ending at 23:00 PM E.T. on June 5th. One DigiByte coin can now be bought for $0.0116 or 0.00000016 BTC on cryptocurrency exchanges. DigiByte has a market capitalization of $198.53 million and approximately $7.10 million worth of DigiByte was traded on exchanges in the last day. In the last week, DigiByte has traded up 0.2% against the U.S. dollar.

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

  • Bitcoin (BTC) traded 0.3% higher against the dollar and now trades at $71,166.07 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded 0.1% lower against the dollar and now trades at $0.16 or 0.00000229 BTC.
  • Bitcoin Cash (BCH) traded 4.6% higher against the dollar and now trades at $500.48 or 0.00703295 BTC.
  • Litecoin (LTC) traded 1.6% higher against the dollar and now trades at $84.97 or 0.00119404 BTC.
  • UNUS SED LEO (LEO) traded 1.3% higher against the dollar and now trades at $6.03 or 0.00008477 BTC.
  • Ethereum Classic (ETC) traded 0.5% higher against the dollar and now trades at $29.75 or 0.00041812 BTC.
  • Monero (XMR) traded up 2.1% against the dollar and now trades at $163.78 or 0.00230144 BTC.
  • Arweave (AR) traded down 2.9% against the dollar and now trades at $43.72 or 0.00061437 BTC.
  • Bitcoin SV (BSV) traded 1.3% higher against the dollar and now trades at $63.83 or 0.00089699 BTC.
  • eCash (XEC) traded up 0.9% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

DigiByte Profile

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 17,053,031,306 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 message board is dgbforum.com. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. 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 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 Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase DigiByte using one of the exchanges listed above.

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