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DigiByte (DGB) Reaches 24 Hour Volume of $2.84 Million

Financial News Live ·  Apr 8, 2023 23:51

DigiByte (DGB) traded up 0.7% against the dollar during the 1-day period ending at 11:00 AM E.T. on April 8th. DigiByte has a total market capitalization of $152.77 million and approximately $2.84 million worth of DigiByte was traded on exchanges in the last day. In the last seven days, DigiByte has traded 1.9% lower against the dollar. One DigiByte coin can now be bought for about $0.0095 or 0.00000034 BTC on cryptocurrency exchanges.

Here's how other cryptocurrencies have performed in the last day:

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  • Bitcoin (BTC) traded 0.3% higher against the dollar and now trades at $28,021.52 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded 0.7% higher against the dollar and now trades at $0.0832 or 0.00000297 BTC.
  • Litecoin (LTC) traded 0% lower against the dollar and now trades at $90.49 or 0.00322924 BTC.
  • UNUS SED LEO (LEO) traded 0.2% lower against the dollar and now trades at $3.37 or 0.00012015 BTC.
  • Monero (XMR) traded 0.7% higher against the dollar and now trades at $158.26 or 0.00564781 BTC.
  • Ethereum Classic (ETC) traded up 0.4% against the dollar and now trades at $20.52 or 0.00073228 BTC.
  • Bitcoin Cash (BCH) traded 0.1% higher against the dollar and now trades at $124.65 or 0.00444841 BTC.
  • DEI (DEI) traded 0.3% lower against the dollar and now trades at $0.25 or 0.00000883 BTC.
  • Conflux (CFX) traded 1.9% higher against the dollar and now trades at $0.38 or 0.00001349 BTC.
  • Pax Dollar (USDP) traded up 0.5% against the dollar and now trades at $1.00 or 0.00003565 BTC.

DigiByte Profile

DigiByte is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. It launched on January 12th, 2014. DigiByte's total supply is 16,142,656,482 coins. The Reddit community for DigiByte is 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. 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."

DigiByte Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as DigiByte directly using U.S. dollars. Investors seeking to trade DigiByte should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase DigiByte using one of the aforementioned exchanges.

DGB/USD price chart by TradingView

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