DigiByte (DGB) Market Cap Tops $247.96 Million

DigiByte (CURRENCY:DGB) traded down 5.8% against the dollar during the 1-day period ending at 7:00 AM ET on March 14th. DigiByte has a market capitalization of $247.96 million and approximately $1.71 million worth of DigiByte was traded on exchanges in the last day. In the last seven days, DigiByte has traded down 19.3% against the dollar. One DigiByte coin can currently be bought for approximately $0.0249 or 0.00000285 BTC on major cryptocurrency exchanges including Coinhouse, YoBit, alcurEX and Cryptopia.

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

  • Bitcoin (BTC) traded 3.4% lower against the dollar and now trades at $8,797.78 or 1.00000000 BTC.
  • Ethereum (ETH) traded down 4.2% against the dollar and now trades at $665.52 or 0.07624160 BTC.
  • Bitcoin Cash (BCH) traded up 0.3% against the dollar and now trades at $1,019.83 or 0.11683200 BTC.
  • Litecoin (LTC) traded down 4.2% against the dollar and now trades at $167.46 or 0.01918460 BTC.
  • Monero (XMR) traded down 7.2% against the dollar and now trades at $235.92 or 0.02702660 BTC.
  • RaiBlocks (XRB) traded 32.3% higher against the dollar and now trades at $18.58 or 0.00186028 BTC.
  • Ethereum Classic (ETC) traded 7.8% lower against the dollar and now trades at $18.59 or 0.00212934 BTC.
  • Nano (NANO) traded 3.5% lower against the dollar and now trades at $10.14 or 0.00116170 BTC.
  • Bitcoin Gold (BTG) traded 3.5% lower against the dollar and now trades at $75.92 or 0.00869781 BTC.
  • Zcash (ZEC) traded 2.4% lower against the dollar and now trades at $278.53 or 0.03190870 BTC.

About DigiByte

DigiByte (CURRENCY:DGB) is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. It launched on January 10th, 2014. DigiByte’s total supply is 9,970,609,692 coins. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. The Reddit community for DigiByte is /r/Digibyte and the currency’s Github account can be viewed here. DigiByte’s official website is www.digibyte.io.

According to CryptoCompare, “A coin that has adopted the Bitcoin “21” figure but increased the supply to 21 billion – with over 5 algorithms to mine with (Scryt, Sha-256, Qubit, Skein, Groestl) ¬†– in order to keep mining local and in the hands of many. A 60 second block target, a 0.5% premine and a block retarget every 2.4 hrs or 244 blocks. DigiByte: Refers to the entire DigiByte network or a single monetary unit on the payment network. 21 billion DigiBytes will be created over 21 years. Block: A grouping of all transactions sent over the DigiByte network within a 30 second time frame. Think of a block as an excel spreadsheet that lists the address location of all DigiBytes at a given point in time in history. New DigiBytes are brought into circulation as each block is discovered on the network through a process called mining. Mining: Mining is how transactions are processed on the network. Anyone can become a miner by donating and using their desktop, laptop or mobile phone computing power to help process transactions on the DigiByte network. ¬†DigiByte has made this process even easier with our 3 click mining software for beginners. Blockchain: The DigiByte blockchain is the entire history of all blocks discovered on the network & therefore all transactions made on the network. Each block references the proceeding block all the way back to the beginning of the network to what is known as the genesis block. By linking blocks (spreadsheets) together an accurate, secure accounting of all up to date DigiByte ownership is made by decentralized consensus. “

Buying and Selling DigiByte

DigiByte can be bought or sold on these cryptocurrency exchanges: Bittylicious, CoinExchange, Cryptopia, LiteBit.eu, OKEx, Coinhouse, Kucoin, alcurEX, Bittrex, CryptoBridge, Trade Satoshi, HitBTC, Poloniex, Livecoin, Bit-Z, Upbit and YoBit. It is not presently possible to buy DigiByte directly using US dollars. Investors seeking to trade DigiByte must first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy DigiByte using one of the exchanges listed above.

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