DigiByte (DGB) Price Down 6.6% This Week

DigiByte (DGB) traded up 1.1% against the dollar during the 1 day period ending at 22:00 PM Eastern on June 9th. DigiByte has a market capitalization of $176.17 million and approximately $6.28 million worth of DigiByte was traded on exchanges in the last day. In the last week, DigiByte has traded 6.6% lower against the dollar. One DigiByte coin can currently be purchased for approximately $0.0103 or 0.00000015 BTC on exchanges.

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

• Bitcoin (BTC) traded up 0.8% against the dollar and now trades at $69,756.14 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.4% higher against the dollar and now trades at $0.15 or 0.00000210 BTC.
• Bitcoin Cash (BCH) traded up 1.2% against the dollar and now trades at $473.05 or 0.00678192 BTC.
• Litecoin (LTC) traded up 0.3% against the dollar and now trades at $80.11 or 0.00114849 BTC.
• UNUS SED LEO (LEO) traded 0.3% higher against the dollar and now trades at $5.82 or 0.00008345 BTC.
• Ethereum Classic (ETC) traded up 0.2% against the dollar and now trades at $26.92 or 0.00038596 BTC.
• Monero (XMR) traded 1.3% higher against the dollar and now trades at $175.77 or 0.00251988 BTC.
• Arweave (AR) traded up 3.2% against the dollar and now trades at $37.72 or 0.00054084 BTC.
• Bitcoin SV (BSV) traded up 0.8% against the dollar and now trades at $56.78 or 0.00081409 BTC.
• eCash (XEC) traded 2.7% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.

About DigiByte

DGB is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. Its launch date was January 12th, 2014. DigiByte’s total supply is 17,060,943,702 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 dgbforum.com. DigiByte’s official website 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.”

Buying and Selling DigiByte

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