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DigiByte

DigiByte priceDGB

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DigiByte price calculator

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DGB
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USD
1 DGB = 0.01157 USD
Last updated 2024-05-27 04:30:59(UTC-0)
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DigiByte price live data summary

The live price of DigiByte is $0.01157 per (DGB / USD) today with a current market cap of $197.10M USD. The 24-hour trading volume is $6.05M USD. DGB to USD price is updated in real time. DigiByte is -1.30% in the last 24 hours. It has a circulating supply of 17,033,465,000 .

What is the highest price of DGB?

DGB has an all-time high (ATH) of $0.1825, recorded on 2021-05-01.

What is the lowest price of DGB?

DGB has an all-time low (ATL) of $0.{4}2028, recorded on 2014-12-20.

DigiByte price prediction

Set your prediction

When is a good time to buy DGB? Should I buy or sell now?

When deciding whether to buy or sell DGB, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget DGB technical analysis can provide you with a reference for trading.
According to the DGB 4h technical analysis, the trading signal is Strong sell.
According to the DGB 1d technical analysis, the trading signal is Sell.
According to the DGB 1w technical analysis, the trading signal is Neutral.

What will the price of DGB be in 2025?

Based on DGB's historical price performance prediction model, the price of DGB is projected to reach $0.01772 in 2025.

What will the price of DGB be in 2030?

In 2030, the DGB price is expected to rise by -10.00%. By the end of 2030, the DGB price is projected to reach $0.02459, with a cumulative ROI of +112.54%.
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DigiByte price performance in USD

24h7d30d90d1yAll-time
-1.30%+3.58%-0.61%-8.57%+47.39%+676.92%
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DigiByte price history in USD

TimeLowHigh
24h$0.01145$0.01171
7d$0.01119$0.01230
30d$0.01006$0.01511
90d$0.01006$0.02214
1y$0.005877$0.02214
All-time$0.{4}2028(2014-12-20, 9 years ago )$0.1825(2021-05-01, 3 years ago )
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DigiByte market information

Market cap
$197,100,294.91
-1.30%
Fully diluted market cap
$242,998,486.97
-1.30%
Volume (24h)
$6,053,775.24
-1.64%
Market rankings
Circulation rate
+99.00%
24h volume / market cap
0.0307
Circulating supply
17,033,465,000 DGB
Total supply / Max supply
17.03B DGB
-- DGB
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DigiByte ratings

Average ratings from the community
4.6
100 ratings
This content is for informational purposes only.

DigiByte Social Data

In the last 24 hours, the social media sentiment score for DigiByte was 4, and the social media sentiment towards DigiByte price trend was Bullish. The overall DigiByte social media score was 166, which ranks 234 among all cryptocurrencies.

According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with DigiByte being mentioned with a frequency ratio of 0.01%, ranking 436 among all cryptocurrencies.

In the last 24 hours, there were a total of 262 unique users discussing DigiByte, with a total of DigiByte mentions of 80. However, compared to the previous 24-hour period, the number of unique users decrease by 19%, and the total number of mentions has decrease by 45%.

On Twitter, there were a total of 2 tweets mentioning DigiByte in the last 24 hours. Among them, 100% are bullish on DigiByte, 0% are bearish on DigiByte, and 0% are neutral on DigiByte.

On Reddit, there were 49 posts mentioning DigiByte in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 34% .

All social overview

Average sentiment(24h)
4
Social score(24h)
166(#234)
Social contributors(24h)
262
-19%
Social mentions(24h)
80(#436)
-45%
Social dominance(24h)
0.01%
Twitter
Tweets(24h)
2
+100%
Twitter sentiment(24h)
Bullish
100%
Neutral
0%
Bearish
0%
Reddit
Reddit score(24h)
6
Reddit posts(24h)
49
-34%
Reddit comments(24h)
0
0%

About DigiByte(DGB)

What Is DigiByte?

DigiByte is a decentralized and highly scalable blockchain platform. It was founded in 2013 by Jared Tate with the vision to create a faster, more secure, and more accessible digital currency, improving upon Bitcoin's foundational technology. DigiByte has introduced features like DigiShield and MultiAlgo to enhance network security and decentralization.

DigiByte's unique approach to transparency and community engagement sets it apart from many other blockchain projects. It did not raise funds through an Initial Coin Offering (ICO) and distributed a minimal 0.5% pre-mine to its early community to incentivize the adoption of its client. DigiByte’s commitment to continuous development, enhanced security, and decentralization has earned it a dedicated community of users and developers, contributing to its longevity and resilience in the volatile cryptocurrency market.

Resources

Whitepaper: https://digibyte.org/docs/infopaper.pdf

Official Website: https://digibyte.org/

How Does DigiByte Work?

DigiByte operates on a scalable and secure blockchain, utilizing five separate Proof of Work (PoW) mining algorithms, namely Scrypt, SHA256, Qubit, Skein, and Groestl, to foster decentralization and protect against single-algorithm attacks. Each algorithm adjusts its difficulty independently, maintaining network stability and security. This MultiAlgo system makes DigiByte accessible to various mining equipment, enhancing network decentralization and resilience.

DigiByte's blockchain is divided into three layers. The top layer, Apps/DigiAssets, runs smart contracts and decentralized applications (DApps), and houses the DigiAssets protocol, enabling the creation of various digital assets. The middle layer is responsible for security and management, containing an immutable public ledger of all DigiByte transactions. The bottom layer, Core Protocol/Global Network, handles communication and operating procedures, allowing nodes running the DigiByte software to communicate securely.

DigiByte has introduced several innovations like DigiShield and MultiShield to maintain difficulty stability and protect against multi-pools and sudden fluctuations in mining power, ensuring uniform block timings and enhancing network security. DigiByte’s commitment to innovation is also evident in its development of Digi-ID, a secure authentication method, and DigiAssets, a secure and scalable layer for the decentralized issuance of assets, tokens, smart contracts, and more.

What Is DGB Token?

DGB is the native cryptocurrency of the DigiByte blockchain, serving as the fundamental currency for executing transactions and services within the network. With a maximum supply capped at 21 billion units, DGB stands out for its impressive transaction speed, with a block time of just 15 seconds, outpacing Bitcoin’s transaction speed by 40 times. DGB’s production stems from the MultiAlgo consensus of DigiByte, utilizing five different Proof-of-Work algorithms, contributing to a network that is more evenly spread out and secure. It goes beyond being a mere digital currency; it contributes significantly to cybersecurity in the online domain, underpinning various applications on the DigiByte network.

DigiByte's Impact on Finance

DigiByte’s impact on finance is multifaceted. Its fast transaction speed and minimal fees make it ideal for microtransactions and large-scale transfers alike, providing an efficient alternative to traditional payment systems. DigiByte technology can be leveraged to create high-security applications, offering secure authentication methods that eliminate the need for traditional passwords, and fortifying data security through immutable record keeping.

The DigiAssets protocol allows for the decentralized issuance of assets, tokens, smart contracts, digital identity, and more, offering innovative solutions to real-world problems in various sectors including supply chain management, legal documentation, and verification systems. Its integration with various wallets and exchanges has enhanced its liquidity and market accessibility, making it a viable investment and trading option in the cryptocurrency market.

What Determines DigiByte's Price?

The price of DigiByte, like other cryptocurrencies, is influenced by a myriad of factors, ranging from market trends and cryptocurrency news to regulatory developments in the cryptocurrency sector. Cryptocurrency analysis and charts play a pivotal role in predicting DigiByte price movements, helping both beginners and experts in the crypto community make informed decisions. The cryptocurrency market is notoriously volatile, and prices can be significantly impacted by announcements related to cryptocurrency regulation, security breaches, or technological advancements. DigiByte’s price is also determined by its supply and demand dynamics in the market, with higher demand and limited supply typically driving prices upward.

Investors and cryptocurrency enthusiasts often rely on cryptocurrency price predictions and crypto market analysis to gauge whether DigiByte is a good investment, especially when planning their crypto portfolio management for 2023 and beyond. The availability of DigiByte on leading exchanges such as Bitget allows potential buyers to easily acquire this cryptocurrency, impacting its liquidity and, subsequently, its price. Cryptocurrency trading strategies, adoption rates, and sentiments expressed by cryptocurrency influencers and experts during cryptocurrency events also play a crucial role in shaping the price trajectory of DigiByte. For those looking to delve into the world of DigiByte and other cryptocurrencies, staying abreast of the latest cryptocurrency trends, risks, and news is paramount to navigating the complexities of the crypto market effectively.

Trade DGB perpetual futures

After having successfully signed up on Bitget and purchased USDT or DGB tokens, you can start trading derivatives, including DGB futures and margin trading to increase your income.

The current price of DGB is $0.01157, with a 24h price change of -1.30%. Traders can profit by either going long or short onDGB futures.

Join DGB copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or DGB tokens, you can also start copy trading by following elite traders.

People are also inquiring about the price of DigiByte.

What is the current price of DigiByte?

We update our DigiByte to USD price in real time. Get the live Price of DigiByte on Bitget.

What is the 24 hour trading volume of DigiByte?

Over the last 24 hours, the trading volume of DigiByte is $6.05M.

What is the all-time high of DigiByte?

The all-time high of DigiByte is $0.1825. This all-time high is highest price for DigiByte since it was launched.

Can I buy DigiByte on Bitget?

Yes, DigiByte is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy guide.

Can I get a steady income from investing in DigiByte?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy DigiByte with the lowest fee?

We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.

What is use case of DigiByte?

DigiByte (DGB) is an open-source blockchain and asset creation platform that started development in October 2013 and had its genesis block mined in January 2014, as a Bitcoin (BTC) fork. It was created to enhance security, capacity, and transaction speed compared to the Bitcoin blockchain. DigiByte employs five different algorithms for heightened security and operates with three layers: a smart contract "App Store," a public ledger, and a core protocol with nodes facilitating transaction relay.

What makes DigiByte unique?

DigiByte's blockchain structure comprises three layers, offering versatility and scalability. It can handle up to 1,066 transactions per second with minimal transaction fees, making it efficient and cost-effective. Security is a highlight, using five cryptographic algorithms and real-time difficulty adjustment for robust protection. DigiByte boasts a high level of decentralization, with no ICO, minimal pre-mine, and a volunteer-driven project lacking centralized authority or CEO.

Who founded DigiByte?

Jared Tate initiated the development of DigiByte in 2013, inspired by his involvement with Bitcoin. His goal was to create a faster and more secure blockchain with broader accessibility than Bitcoin. DigiByte was launched on January 10, 2014, with a 0.5% pre-mine, half of which was distributed to the public for early adoption, while the other half supported development for the initial 18 months. The DigiByte Foundation, a volunteer-driven nonprofit, plays a role in promoting and assisting the blockchain and its users. Tate contributed to DigiByte until 2020 when he disengaged due to concerns about greed within the crypto community.

Is DigiByte a good investment?

DigiByte is a well-established blockchain project known for its security and longevity. It offers smart contract capabilities, making it suitable for various applications like DeFi, NFTs, and blockchain gaming. While not a top cryptocurrency, it has a dedicated community and operates without central authority. DigiByte is a reliable choice for patient investors seeking steady growth.

Out of which 3 layers does the DigiByte blockchain exist?

The DigiByte blockchain operates with a three-layer structure: - Applications/DigiAssets: The top layer supports smart contracts and decentralized app (dApp) development. It also houses the DigiAssets protocol, allowing the creation of various digital assets. - Digital asset/public ledger: The middle layer focuses on security and administration, containing the immutable public ledger that records all DigiByte transactions. - Core protocol/global network: The bottom layer manages communication and network operations, facilitating interaction among nodes running DigiByte software for network security. This layered approach enables DigiByte to handle a wide range of functions while maintaining security and scalability.

Which partnerships does DigiByte have?

DigiByte has engaged in partnerships with various organizations, including: - AntumID: Collaborating on Digi-ID authentication technology for AntumID's blockchain-based password manager. - LCX: Partnering with the DigiByte Foundation to integrate the DigiByte blockchain into LCX's crypto exchange ecosystem. - RoundlyX: Offering DigiByte as one of the supported cryptocurrencies for users to purchase through its spare change investment tool. - D'CENT Wallet: An affiliate of the DigiByte Foundation, allowing customers to donate a portion of their wallet purchase to the foundation. While DigiByte may not have secured major partnerships with well-known entities, these collaborations showcase its versatility and adoption within various crypto-related projects.
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Cryptocurrency investments, including buying DigiByte online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy DigiByte, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your DigiByte purchase. This page and any information included are not an endorsement of any particular cryptocurrency.
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