DigiByte One Day Volume Reaches $3.20 Million (DGB)

DigiByte (DGB) traded up 1.5% against the dollar during the twenty-four hour period ending at 9:00 AM E.T. on July 7th. DigiByte has a total market cap of $44.71 million and $3.20 million worth of DigiByte was traded on exchanges in the last 24 hours. Over the last week, DigiByte has traded up 2.9% against the dollar. One DigiByte coin can now be bought for about $0.0025 or 0.00000004 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Arweave (AR) traded 1.7% higher against the dollar and now trades at $2.00 or 0.00003158 BTC.
• Bitcoin (BTC) traded 2.8% higher against the dollar and now trades at $63,380.98 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.6% lower against the dollar and now trades at $0.0748 or 0.00000118 BTC.
• UNUS SED LEO (LEO) traded 0.4% higher against the dollar and now trades at $9.41 or 0.00014848 BTC.
• Zcash (ZEC) traded 3.4% higher against the dollar and now trades at $459.62 or 0.00725173 BTC.
• Monero (XMR) traded 3.3% higher against the dollar and now trades at $326.99 or 0.00515916 BTC.
• Bitcoin Cash (BCH) traded up 1.5% against the dollar and now trades at $239.71 or 0.00378205 BTC.
• Litecoin (LTC) traded down 0.2% against the dollar and now trades at $43.99 or 0.00069402 BTC.
• Ethereum Classic (ETC) traded down 0.7% against the dollar and now trades at $7.00 or 0.00011042 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

DigiByte Coin Profile

DGB is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. It was first traded on January 8th, 2014. DigiByte’s total supply is 18,370,020,889 coins and its circulating supply is 18,080,540,706 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. DigiByte’s official message board is medium.com/@digibyte_official. DigiByte’s official website is digibyte.org.

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. Telegram, Facebook, LinkedIn, Instagram, YouTubeWhitepaper”

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 trade DigiByte should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy DigiByte using one of the aforementioned exchanges.

DGB/USD price chart by TradingView