DigiByte Price Down 22.7% Over Last Week (DGB)

DigiByte (DGB) traded 2.2% lower against the US dollar during the 24-hour period ending at 17:00 PM E.T. on April 16th. One DigiByte coin can currently be purchased for $0.0124 or 0.00000020 BTC on major exchanges. DigiByte has a total market cap of $209.37 million and $6.30 million worth of DigiByte was traded on exchanges in the last day. Over the last seven days, DigiByte has traded down 22.7% against the US dollar.

Here’s how similar cryptocurrencies have performed over the last day:

  • Bitcoin (BTC) traded 0.7% higher against the dollar and now trades at $62,970.76 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded 2.8% lower against the dollar and now trades at $0.15 or 0.00000244 BTC.
  • Bitcoin Cash (BCH) traded 3.3% lower against the dollar and now trades at $482.04 or 0.00766385 BTC.
  • Litecoin (LTC) traded 2.3% higher against the dollar and now trades at $79.11 or 0.00125768 BTC.
  • UNUS SED LEO (LEO) traded 0.8% lower against the dollar and now trades at $5.87 or 0.00009329 BTC.
  • Ethereum Classic (ETC) traded down 0.2% against the dollar and now trades at $25.93 or 0.00041233 BTC.
  • Monero (XMR) traded down 0.7% against the dollar and now trades at $121.26 or 0.00192795 BTC.
  • Arweave (AR) traded 5% lower against the dollar and now trades at $24.14 or 0.00038379 BTC.
  • Bitcoin SV (BSV) traded up 2.5% against the dollar and now trades at $66.84 or 0.00106273 BTC.
  • eCash (XEC) traded 1.5% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.

DigiByte Coin Profile

DGB is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. It was first traded on January 12th, 2014. DigiByte’s total supply is 16,952,767,696 coins. DigiByte’s official message board is dgbforum.com. 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.

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 presently 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 Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy DigiByte using one of the aforementioned exchanges.

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