DigiByte (DGB) traded up 6.82 percent to dollar during the last day period of time closing 20:00 on August 28th EST. DigiByte presently has a cap of $316,057,965 and its twenty four hour trading volume is around $11,216,104. Over the last 7 day period of time, DigiByte is 16.52 percent against the dollar along with a change of 1.19 percent in the past 60 minutes.
Now let’s take look at how other coins have performed in the last 24 hours:
XRP (XRP) is currently at $0.35 against the US dollar, a 4.43% change in the last day. The Bitcoin cost for XRP is at 0.00004952 BTC.
Nxt (NXT) is currently at $0.07 against the US dollar, a 5.75% change in the last day. The Bitcoin cost for NXT is at 0.00001056 BTC.
BitShares (BTS) is currently at $0.12 against the US dollar, a 7.58% change in the last day. The Bitcoin cost for BTS is at 0.00001687 BTC.
DigiByte has a total supply of exactly 10,721,244,309 coins. It was created on 12th January, 2014.
Quoted from 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.”
Listed here are some handy links if you happen to want to read more concerning DigiByte:
DGB: Info for Traders
Day traders can get DGB at exchanges including HitBTC, Cexio, and CCEX.
It is not always possible to buy cryptocurrencies including DigiByte directly using dollars. Traders aiming to get hold of DGB will probably need to first buy Bitcoin or ETH from an market place that has got US dollar currency trading pairs such as Coinbase as well as GDAX. Investors may then make use of this BTC or Ethereum to invest in DigiByte using one of the exchanges we detailed previously.