DGC

Digitalcoin (DGC) is a cryptocurrency that was established in 2013, designed to provide a fast, secure, and efficient method for online transactions as an alternative to traditional banking systems . It operates on a peer-to-peer network and is based on the Bitcoin protocol, with its own advanced system that offers quick transaction speeds and improved security measures . Digitalcoin utilizes the Scrypt hashing algorithm and is the result of a Litecoin fork, making it an open-source and decentralized cryptocurrency . It can be mined using Scrypt, SHA-256, and x11 algorithms, and miners are rewarded for each block found .

As of August 8, 2024, the current price of Digitalcoin is $0.001091, with a 24-hour trading volume of $7 and a market cap of $44,855, placing it at rank #2532 . The circulating supply of DGC is 41.11 million out of a maximum supply of 48.17 million . It's important to note that the market cap and trading volume can be subject to change due to market fluctuations .

Digitalcoin's price has experienced volatility, with a 52-week range between $0.000955 and $0.118292, and an all-time high of $0.794324 on December 14, 2013, followed by an all-time low of $0.000176 on October 2, 2019 . The current sentiment for Digitalcoin's price prediction is bearish, with a Fear & Greed Index showing 20, indicating extreme fear in the market .

Investors interested in Digitalcoin should be aware of the risks associated with cryptocurrency investments, including market volatility, regulatory changes, and the potential for loss due to technological failures or fraud . It's crucial to conduct thorough research and consider one's investment objectives and risk tolerance before engaging with this digital asset .