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DigiByte (DGB) Trading Down 4.3% Over Last Week

Financial News Live ·  Apr 26, 2023 21:38

DigiByte (DGB) traded up 0.3% against the US dollar during the 1 day period ending at 21:00 PM ET on April 26th. DigiByte has a total market cap of $152.99 million and $4.55 million worth of DigiByte was traded on exchanges in the last 24 hours. During the last week, DigiByte has traded 4.3% lower against the US dollar. One DigiByte coin can now be purchased for approximately $0.0095 or 0.00000033 BTC on cryptocurrency exchanges.

Here's how similar cryptocurrencies have performed during the last 24 hours:

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  • Bitcoin (BTC) traded up 2.8% against the dollar and now trades at $29,072.31 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded down 0.1% against the dollar and now trades at $0.0800 or 0.00000275 BTC.
  • Litecoin (LTC) traded 1.3% lower against the dollar and now trades at $89.87 or 0.00309128 BTC.
  • UNUS SED LEO (LEO) traded 0.1% higher against the dollar and now trades at $3.54 or 0.00012190 BTC.
  • Monero (XMR) traded 1.6% lower against the dollar and now trades at $157.49 or 0.00541727 BTC.
  • Ethereum Classic (ETC) traded 0.5% higher against the dollar and now trades at $19.78 or 0.00068038 BTC.
  • Bitcoin Cash (BCH) traded 0% lower against the dollar and now trades at $119.70 or 0.00411749 BTC.
  • DEI (DEI) traded up 0.5% against the dollar and now trades at $0.21 or 0.00000736 BTC.
  • Pax Dollar (USDP) traded down 0.4% against the dollar and now trades at $1.00 or 0.00003432 BTC.
  • Conflux (CFX) traded 5.8% higher against the dollar and now trades at $0.33 or 0.00001138 BTC.

DigiByte Profile

DigiByte (DGB) is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. It launched on January 12th, 2014. DigiByte's total supply is 16,185,048,349 coins. The official website for DigiByte is digibyte.org. DigiByte's official message board is dgbforum.com. DigiByte's official Twitter account is @digibytecoin and its Facebook page is accessible here. The Reddit community for DigiByte is and the currency's Github account can be viewed here.

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 buy alternative cryptocurrencies such as DigiByte directly using U.S. dollars. Investors seeking to acquire DigiByte should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly 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

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Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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