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DigiByte Trading 7.6% Higher Over Last 7 Days (DGB)

Financial News Live ·  Apr 16, 2023 08:22

DigiByte (DGB) traded down 0.2% against the dollar during the twenty-four hour period ending at 20:00 PM ET on April 15th. One DigiByte coin can now be purchased for approximately $0.0101 or 0.00000033 BTC on exchanges. In the last week, DigiByte has traded up 7.6% against the dollar. DigiByte has a market cap of $163.71 million and $4.87 million worth of DigiByte was traded on exchanges in the last 24 hours.

Here's how other cryptocurrencies have performed in the last 24 hours:

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  • Bitcoin (BTC) traded down 0.6% against the dollar and now trades at $30,318.80 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded 0.2% higher against the dollar and now trades at $0.0890 or 0.00000294 BTC.
  • Litecoin (LTC) traded 0.4% higher against the dollar and now trades at $96.88 or 0.00319526 BTC.
  • UNUS SED LEO (LEO) traded down 1% against the dollar and now trades at $3.40 or 0.00011222 BTC.
  • Ethereum Classic (ETC) traded down 1.4% against the dollar and now trades at $22.12 or 0.00072964 BTC.
  • Monero (XMR) traded up 0.3% against the dollar and now trades at $162.56 or 0.00536153 BTC.
  • Bitcoin Cash (BCH) traded up 0.2% against the dollar and now trades at $132.82 or 0.00438071 BTC.
  • DEI (DEI) traded 11.4% lower against the dollar and now trades at $0.22 or 0.00000721 BTC.
  • Conflux (CFX) traded 0.7% lower against the dollar and now trades at $0.38 or 0.00001240 BTC.
  • Pax Dollar (USDP) traded down 0.3% against the dollar and now trades at $1.00 or 0.00003298 BTC.

DigiByte Profile

DigiByte (CRYPTO: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 16,159,682,472 coins. The official website for DigiByte is digibyte.org. DigiByte's official Twitter account is @digibytecoin and its Facebook page is accessible here. The official message board for DigiByte is dgbforum.com. 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."

Buying and Selling DigiByte

It is usually not presently possible to buy alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to trade DigiByte should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy 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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