DigiByte (DGB) Price Reaches $0.0122 on Major Exchanges

DigiByte (DGB) traded down 5.7% against the U.S. dollar during the 1 day period ending at 21:00 PM E.T. on May 7th. During the last week, DigiByte has traded 15.9% higher against the U.S. dollar. One DigiByte coin can now be bought for approximately $0.0122 or 0.00000019 BTC on popular exchanges. DigiByte has a total market capitalization of $207.42 million and $18.69 million worth of DigiByte was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded down 1.7% against the dollar and now trades at $62,617.64 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 4.2% against the dollar and now trades at $0.15 or 0.00000241 BTC.
• Bitcoin Cash (BCH) traded 1.7% lower against the dollar and now trades at $468.88 or 0.00748649 BTC.
• Litecoin (LTC) traded down 0.4% against the dollar and now trades at $80.86 or 0.00129099 BTC.
• UNUS SED LEO (LEO) traded 0.8% higher against the dollar and now trades at $5.86 or 0.00009352 BTC.
• Ethereum Classic (ETC) traded 0.3% higher against the dollar and now trades at $27.32 or 0.00043613 BTC.
• Arweave (AR) traded 6.5% lower against the dollar and now trades at $38.25 or 0.00061079 BTC.
• Monero (XMR) traded 1.6% lower against the dollar and now trades at $128.35 or 0.00204926 BTC.
• Bitcoin SV (BSV) traded down 1.3% against the dollar and now trades at $63.39 or 0.00101206 BTC.
• eCash (XEC) traded down 1.7% against the dollar and now trades at $0.0000 or 0.00000000 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 16,995,337,960 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 Twitter account is @digibytecoin and its Facebook page is accessible here. The official message board for DigiByte is dgbforum.com. 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.”

DigiByte Coin Trading

It is usually not presently 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 Coinbase, Gemini or GDAX. 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