DigiByte (DGB) Market Cap Hits $149.61 Million

DigiByte (DGB) traded down 0.4% against the US dollar during the 1-day period ending at 10:00 AM Eastern on February 10th. In the last week, DigiByte has traded 5.5% higher against the US dollar. DigiByte has a market capitalization of $149.61 million and approximately $3.49 million worth of DigiByte was traded on exchanges in the last day. One DigiByte coin can now be bought for about $0.0085 or 0.00000009 BTC on cryptocurrency exchanges.

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

• Bitcoin (BTC) traded 0.8% higher against the dollar and now trades at $97,100.25 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.7% lower against the dollar and now trades at $0.25 or 0.00000259 BTC.
• UNUS SED LEO (LEO) traded up 0.3% against the dollar and now trades at $9.85 or 0.00010142 BTC.
• Litecoin (LTC) traded 9.9% higher against the dollar and now trades at $118.62 or 0.00122093 BTC.
• Bitcoin Cash (BCH) traded up 0.5% against the dollar and now trades at $329.57 or 0.00339222 BTC.
• Monero (XMR) traded up 1% against the dollar and now trades at $221.83 or 0.00228324 BTC.
• Ethereum Classic (ETC) traded up 1.3% against the dollar and now trades at $20.50 or 0.00021095 BTC.
• IOTA (MIOTA) traded up 4.1% against the dollar and now trades at $0.23 or 0.00000239 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded 0.4% lower against the dollar and now trades at $39.28 or 0.00040431 BTC.

DigiByte Coin Profile

DigiByte (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 17,525,455,884 coins. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. The official website for DigiByte is digibyte.org. The official message board for DigiByte is dgbforum.com. 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.”

Buying and Selling DigiByte

It is usually not possible to purchase alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to acquire DigiByte should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. 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