About DigiByte
DigiByte is a cryptocurrency that describes itself as a “secure, faster, and forward thinking blockchain technology.” DigiByte uses 5 different proof of work consensus algorithms in an effort to prevent mining centralization.
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Market Stats
Market Cap
$142,480,671.40
FDV
$170,176,813.88
Circulating Supply
17,582,266,532.578 DGB
Max Supply
21,000,000,000 DGB
Total Supply
17,582,266,532.578 DGB
Hold Time
No data
Performance
Popularity
No data
Dominance
0.01%
Volume (24H)
$4,019,755.14
-0.28%
All time high
$0.33
Additional info about DigiByte
Networks and details
The price of DigiByte has decreased by 0.01% in the last hour and decreased by 2.04% in the past 24 hours. DigiByte’s price has also fallen by 13.24% in the past week. The current price is $0.0081 per DGB with a 24-hour trading volume of $4.02M. Currently, DigiByte is valued at 97.57% below its all time high of $0.33. This all-time high was the highest price paid for DigiByte since its launch.
The current circulating supply of DigiByte is 17,582,266,532.578 DGB which means that DigiByte has as total market cap of $142,480,671.40.
Price history
Today | $0.0081 | ↘ 2.04% |
1 Day | $0.0083 | ↘ 2.04% |
1 Week | $0.0093 | ↘ 13.24% |
1 Month | $0.0086 | ↘ 6.19% |
1 Year | $0.0155 | ↘ 47.83% |
Market details
Performance against other markets | ↘ 47.85% |
Performance against BTC | ↘ 55.73% |
Performance against ETH | ↗ 3.28% |
Performance in the past year | ↘ 47.83% |
FAQ
DigiByte (DGB) is an open-source blockchain and asset creation platform that was developed in October 2013 and launched in January 2014. It is a public blockchain and cryptocurrency that uses five different algorithms to enhance security. DigiByte seeks to improve on the security, capacity, and transaction speed of the Bitcoin blockchain. It consists of three layers: a smart contract "App Store," a public ledger, and the core protocol featuring nodes communicating to relay transactions. DigiByte was created by Jared Tate, who was involved with Bitcoin from 2012 onwards and authored the first book written by a blockchain founder, "Blockchain 2035: The Digital DNA of Internet 3.0."
DigiByte operates on a proof-of-work (PoW) system, where miners receive tokens as compensation for validating blocks via block rewards. It uses five proof-of-work algorithms to secure the blockchain and reduce the risk of double spending or 51% attacks. Difficulty adjustments ensure resilience against hostile moves within mining circles. With roughly one block every 15 seconds, DigiByte’s blockchain has managed to prove the longevity of its PoW blockchain since launch. DigiByte also introduced another offering, DigiAssets, with DGB as its native token. DigiAssets appeals to developers looking to launch digital assets, decentralized applications (DApps), and encode the necessary corresponding smart contracts.
DigiByte seeks to diversify security, speed, and capacity possibilities. It can be used for digital assets, smart contracts, decentralized applications, and secure authentication. DigiByte's operations depend not only on developers but also the DigiByte Foundation, a volunteer organization tasked with overseeing the preservation of the project. A third group of volunteers, the DigiByte Awareness Team, is responsible for marketing and promotional activities.
DigiByte was developed in October 2013 and the genesis block of its DGB token was mined in January 2014 as a fork of Bitcoin. It was created by Jared Tate, who oversaw its development from inception to its current setup before announcing that he was temporarily retiring from his position in May 2020. Tate has since returned and as of September 2020 once again appears closely involved with DigiByte’s growth. DigiByte has communicated that it did not engage in fundraising activities or give away tokens through instruments such as an initial coin offering (ICO) or similar token sale.
We update our DigiByte to USD currency in real-time. Get the live price of DigiByte on Coinbase.
The current market cap of DigiByte is $142.48M. A high market cap implies that the asset is highly valued by the market.
The all-time high of DigiByte is $0.33. This all-time high is highest price paid for DigiByte since it was launched.
Over the last 24 hours, the trading volume of DigiByte is $4.02M.
Assets that have a similar market cap to DigiByte include Redstone, Loopring, GMX, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of DigiByte is 18 billion.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#345
Contributors
209
Posts
607,635
% About DigiByte
0.069%
Hold times
0 days
X (Twitter)
50.38% bullish
Sentiment
4 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
209 unique individuals are talking about DigiByte and it is ranked #345 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, DigiByte has an average sentiment score of 4 out of 5. Finally, DigiByte is becoming more newsworthy, with 0 news articles published about DigiByte. This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly bullish about DigiByte. There were 50.38% of tweets with bullish sentiment compared to 3.53% of tweets with a bearish sentiment about DigiByte. 46.1% of tweets were neutral about DigiByte. These sentiments are based on 574 tweets.
On Reddit, DigiByte was mentioned in 16 Reddit posts and there were 44 comments about DigiByte. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.