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DigiByte (DGB) Price Down 4.5% This Week

Financial News Live ·  2023/04/09 09:01

DigiByte (DGB) traded 0.5% lower against the US dollar during the 24 hour period ending at 8:00 AM E.T. on April 9th. One DigiByte coin can now be bought for $0.0094 or 0.00000034 BTC on major exchanges. DigiByte has a market capitalization of $152.06 million and $2.71 million worth of DigiByte was traded on exchanges in the last day. During the last seven days, DigiByte has traded 4.5% lower against the US dollar.

Here is how related cryptocurrencies have performed during the last day:

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  • Bitcoin (BTC) traded down 0.2% against the dollar and now trades at $27,965.90 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded down 1.3% against the dollar and now trades at $0.0822 or 0.00000294 BTC.
  • Litecoin (LTC) traded down 0.1% against the dollar and now trades at $90.44 or 0.00323387 BTC.
  • UNUS SED LEO (LEO) traded 1% higher against the dollar and now trades at $3.39 or 0.00012139 BTC.
  • Monero (XMR) traded up 0.1% against the dollar and now trades at $158.57 or 0.00567019 BTC.
  • Ethereum Classic (ETC) traded 0.7% lower against the dollar and now trades at $20.35 or 0.00072775 BTC.
  • Bitcoin Cash (BCH) traded up 0.2% against the dollar and now trades at $124.71 or 0.00445921 BTC.
  • DEI (DEI) traded down 0% against the dollar and now trades at $0.25 or 0.00000880 BTC.
  • Conflux (CFX) traded down 0.7% against the dollar and now trades at $0.38 or 0.00001347 BTC.
  • Pax Dollar (USDP) traded down 0.3% against the dollar and now trades at $0.99 or 0.00003557 BTC.

DigiByte Coin Profile

DigiByte (DGB) is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. It was first traded on January 12th, 2014. DigiByte's total supply is 16,144,777,500 coins. The Reddit community for DigiByte is and the currency's Github account can be viewed here. DigiByte's official website is digibyte.org. DigiByte's official Twitter account is @digibytecoin and its Facebook page is accessible here. DigiByte's official message board is dgbforum.com.

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

It is usually not presently 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 Changelly, Coinbase or Gemini. 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

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