DigiByte Reaches One Day Trading Volume of $10.30 Million (DGB)

DigiByte (DGB) traded 4.6% lower against the dollar during the 1-day period ending at 10:00 AM ET on December 16th. In the last week, DigiByte has traded 10.8% lower against the dollar. DigiByte has a total market cap of $259.04 million and approximately $10.30 million worth of DigiByte was traded on exchanges in the last 24 hours. One DigiByte coin can now be bought for $0.0149 or 0.00000014 BTC on popular exchanges.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded 3.5% higher against the dollar and now trades at $105,789.03 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 0.6% against the dollar and now trades at $0.40 or 0.00000378 BTC.
• Bitcoin Cash (BCH) traded down 1.3% against the dollar and now trades at $534.89 or 0.00505617 BTC.
• Litecoin (LTC) traded 1.9% lower against the dollar and now trades at $117.64 or 0.00111206 BTC.
• UNUS SED LEO (LEO) traded 2.5% higher against the dollar and now trades at $9.58 or 0.00009057 BTC.
• Ethereum Classic (ETC) traded down 0.5% against the dollar and now trades at $32.95 or 0.00031143 BTC.
• Monero (XMR) traded 2.8% lower against the dollar and now trades at $211.31 or 0.00199749 BTC.
• Arweave (AR) traded 3.4% lower against the dollar and now trades at $21.68 or 0.00020494 BTC.
• IOTA (MIOTA) traded down 4.7% against the dollar and now trades at $0.38 or 0.00000358 BTC.
• Bitcoin SV (BSV) traded down 1.5% against the dollar and now trades at $65.65 or 0.00062057 BTC.

About DigiByte

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 17,423,146,792 coins. The official website for DigiByte is digibyte.org. 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 message board for DigiByte 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 possible to buy alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to trade DigiByte should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy DigiByte using one of the exchanges listed above.

DGB/USD price chart by TradingView