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DigiByte (DGB) Trading Down 1.5% This Week

Financial News Live ·  Apr 7, 2023 20:42

DigiByte (DGB) traded 1.7% lower against the dollar during the 1-day period ending at 8:00 AM Eastern on April 7th. DigiByte has a market cap of $150.56 million and $4.13 million worth of DigiByte was traded on exchanges in the last 24 hours. Over the last week, DigiByte has traded 1.5% lower against the dollar. One DigiByte coin can currently be purchased for approximately $0.0093 or 0.00000033 BTC on popular cryptocurrency exchanges.

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

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  • Bitcoin (BTC) traded down 0.2% against the dollar and now trades at $27,871.42 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded 8.3% lower against the dollar and now trades at $0.0819 or 0.00000294 BTC.
  • Litecoin (LTC) traded down 0.9% against the dollar and now trades at $89.91 or 0.00322575 BTC.
  • UNUS SED LEO (LEO) traded up 0.2% against the dollar and now trades at $3.39 or 0.00012150 BTC.
  • Monero (XMR) traded 0.7% lower against the dollar and now trades at $157.21 or 0.00564069 BTC.
  • Ethereum Classic (ETC) traded down 2.2% against the dollar and now trades at $20.23 or 0.00072572 BTC.
  • Bitcoin Cash (BCH) traded 2.1% lower against the dollar and now trades at $123.57 or 0.00443362 BTC.
  • DEI (DEI) traded down 0.3% against the dollar and now trades at $0.25 or 0.00000892 BTC.
  • Conflux (CFX) traded 1.3% lower against the dollar and now trades at $0.37 or 0.00001311 BTC.
  • Pax Dollar (USDP) traded 0.3% lower against the dollar and now trades at $0.99 or 0.00003563 BTC.

DigiByte Profile

DGB is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. Its genesis date was January 12th, 2014. DigiByte's total supply is 16,139,954,193 coins. 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. The official website for DigiByte is digibyte.org. 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."

DigiByte Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to acquire DigiByte should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase DigiByte using one of the exchanges listed above.

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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