DigiByte (DGB) Achieves Market Cap of $145.45 Million
DigiByte (CURRENCY:DGB) traded up 11.7% against the US dollar during the 24 hour period ending at 7:00 AM Eastern on May 15th. One DigiByte coin can now be purchased for about $0.0123 or 0.00000153 BTC on popular exchanges including Cryptohub, Sistemkoin, Bittrex and Bit-Z. DigiByte has a total market capitalization of $145.45 million and approximately $4.01 million worth of DigiByte was traded on exchanges in the last day. In the last seven days, DigiByte has traded up 20.9% against the US dollar.
Here’s how other cryptocurrencies have performed in the last day:
- Primecoin (XPM) traded 0.9% lower against the dollar and now trades at $0.27 or 0.00003330 BTC.
- Myriad (XMY) traded 5.4% higher against the dollar and now trades at $0.0024 or 0.00000030 BTC.
- Circuits of Value (COVAL) traded down 6.9% against the dollar and now trades at $0.0017 or 0.00000021 BTC.
- Quark (QRK) traded down 44.6% against the dollar and now trades at $0.0034 or 0.00000042 BTC.
- HunterCoin (HUC) traded 33.5% higher against the dollar and now trades at $0.0040 or 0.00000050 BTC.
- Joincoin (J) traded 2.6% higher against the dollar and now trades at $0.0109 or 0.00000136 BTC.
- BitQuark (BTQ) traded flat against the dollar and now trades at $0.0006 or 0.00000015 BTC.
According to CryptoCompare, “Security: DigiByte uses five highly advanced cryptographic algorithms. Speed: DigiByte transaction notifications occur in 1-3 seconds, blocks are discovered every thirty seconds and transactions are fully confirmed every 3 minutes. Future planned upgrades will make these times even faster. Fees: Most DigiByte to DigiByte transactions are free or carry a very small network-mining fee to incentivize people to mine. Worldwide: DigiBytes are already stored, traded and transacted in over 89 countries. Decentralization: There is no need for a middleman or third party or central server. Re-Spend: Send DigiBytes you received to someone else in as little as three minutes. Finite Production: New DigiBytes are added to the network every thirty seconds through a process called mining as each new block (or grouping of transactions in a spreadsheet like format) is discovered by the network. Scarcity: 21 Billion DigiBytes will be created in 21 years. 1% Monthly New Minting Reduction: New DigiByte production decreases 1% every month. Mining: DigiByte mining is decentralized with five independent, highly secure mining algorithms. Adaptable, innovative & flexible: DigiByte is constantly adding new features & services to remain on the cutting edge of digital currency technology. Committed Development: DigiByte has been under constant, progressive development for over one year now with core development team members from all over the world. Millennial Acquisition Potential: DigiByte provides merchants, banks & other legacy institutions with a new means of acquiring & connecting with tech savvy millennial users. A Bright Future: DigiByte has many new & exciting projects underway to be released throughout 2015 to increase DigiByte utility and new user adoption across the globe. “
DigiByte Coin Trading
DigiByte can be traded on the following cryptocurrency exchanges: BiteBTC, CryptoBridge, HitBTC, C-Patex, Bit-Z, LiteBit.eu, Kucoin, cfinex, CoinExchange, Graviex, Livecoin, Trade Satoshi, Bitbns, Huobi, Bittylicious, Crex24, OOOBTC, Upbit, Cryptohub, Trade By Trade, Bittrex, YoBit, Poloniex, Cryptopia, OKEx and Sistemkoin. It is usually not possible to purchase alternative cryptocurrencies such as DigiByte directly using U.S. dollars. Investors seeking to acquire DigiByte should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase DigiByte using one of the aforementioned exchanges.
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