What is DigiByte?
DigiByte is more than a faster digital currency. It is an innovative blockchain that can be used for digital assets, smart contracts, decentralized applications and secure authentication.
What makes DigiByte stronger than others?
DigiByte is a rapidly growing open-source blockchain created in late 2013 and released in early 2014. After 6 years of forward thinking development, DigiByte has become one of the safest, fastest, longest and most decentralized UTXO blockchain in existence.
Truly Decentralized.
DigiByte has never been funded through an ICO or significant amount of premined coins. There is no CEO or a company controlling the DigiByte blockchain. It is a volunteer based and global community driven project.
More secure.
DigiByte uses 5 cryptographic algorithms and real time difficulty adjustment to prevent malicious mining centralization and hash power fluctuation. One of which is Odocrypt that changes itself every 10 days for ASIC resistance.
Much faster.
DigiByte blocks occur every 15 seconds which is 40x faster than Bitcoin and 10x faster than Litecoin. Early SegWit implementation and blockchain rigidity enable up to 1066 on-chain transactions per second with negligible fees.
Forward thinking.
Over the past 6 years, DigiByte has repeatedly set itself apart with multiple blockchain firsts, such asDigiShield guard, MultiAlgo mining, SegWit implementation, Odocrypt algorithm, Dandelion++ privacy protocol, DigiAssets and Digi-ID.
This is how the DigiByte blockchain works.
The three layers are the most innovative parts of the DigiByte blockchain providing the network infrastructure, security and communications to function with cutting edge speed.
Applications / DigiAssets.
The top layer is like an app store with clear real-world uses. All types of digital assets can be created with the DigiAssets protocol on top of the DigiByte blockchain. Decentralized applications (dApps) can be built on top of the DigiByte blockchain. Also
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The current live price of DigiByte (DGB) is $0.004458 USD as of the most recent market update. This price is aggregated from major cryptocurrency exchanges and reflects the global market consensus for DigiByte tokens. The cryptocurrency market operates 24/7, meaning DGB prices update continuously throughout the day, unlike traditional stock markets that have defined trading hours.
Key Market Metrics for DGB:
The market capitalization of $82.42M places DigiByte among significant digital assets in the cryptocurrency ecosystem. The 24-hour trading volume of $2.40M indicates moderate trading activity and market participation. The volume-to-market-cap ratio provides insights into the token's liquidity profile and trading efficiency.
For investors tracking DGB, the price data shown on Pricify is sourced from CoinGecko's detailed API, providing reliable and up-to-date market information. The positive price momentum with a gain of 3.66% in the last 24 hours offers a snapshot of recent market dynamics affecting DigiByte.
The all-time high price of DigiByte was $0.1781, reached on April 30, 2021. The current price of $0.004458 represents a 97.5% decline from the all-time high, which is a common metric used by investors to gauge potential upside relative to historical price levels.
Indian investors have several options to purchase DigiByte (DGB) through registered cryptocurrency exchanges. The process involves creating an account on a crypto exchange, completing KYC verification, depositing Indian Rupees (INR), and placing a buy order for DGB. Below are the most popular and trusted platforms for buying cryptocurrencies in India.
Coinbase is the largest publicly traded cryptocurrency exchange in the world, offering a secure and regulated platform to buy, sell, and store DigiByte and 200+ other cryptocurrencies. With advanced security features, FDIC insurance on USD balances, and an intuitive interface, Coinbase is ideal for both beginners and experienced traders. Indian users can sign up, complete verification, and start trading DGB with INR deposits via P2P or USDT pairs. Join Coinbase today to buy DigiByte and earn rewards.
Binance is the world's largest cryptocurrency exchange by trading volume, offering deep liquidity for DGB trading pairs including DGB/USDT, DGB/BUSD, and more. Binance provides advanced trading features including spot trading, futures, margin trading, staking, and earn products. Indian users can access Binance through its global platform and use P2P trading to buy DigiByte with INR. Register on Binance to trade DGB with one of the lowest fee structures in the industry.
WazirX is one of India's most popular cryptocurrency exchanges, offering direct INR deposits via UPI, net banking, and bank transfers. The platform is fully compliant with Indian regulations and provides a seamless experience for buying DigiByte with Indian Rupees. With the WazirX auto-buy feature, you can set up recurring purchases of DGB to average your entry price over time. Sign up on WazirX to start investing in DigiByte with INR directly.
Steps to Buy DGB in India:
Disclaimer: Cryptocurrency investments are subject to high market risk and price volatility. Past performance does not guarantee future returns. Please do your own research and consider consulting a financial advisor before investing in digital assets. The Indian government has imposed a 30% tax on crypto gains and 1% TDS on transactions.
Understanding the price history of DigiByte (DGB) is crucial for making informed investment decisions in the cryptocurrency market. DigiByte\'s price journey reflects the broader trends in the Other sector as well as project-specific developments, market sentiment shifts, and the evolving regulatory landscape for digital assets.
The current price of $0.004458 shows a positive trend over the last 24 hours with a change of 3.66%. Looking at broader timeframes, the 7-day change of 4.42% (up) and 30-day change of 9.72% and 1-year change of 36.47% provide context for medium to long-term price trends.
Key Price Levels for DGB:
The interactive chart above allows you to analyze DigiByte\'s price action across multiple timeframes β from intraday 1D charts for short-term traders to all-time charts for long-term investors. Use the chart tabs to switch between 1-day, 7-day, 1-month, 3-month, 1-year, and all-time views. The chart includes price data points and trend visualization to help identify support and resistance levels, trendlines, and potential breakout patterns for DGB.
Technical analysis of DigiByte should be combined with fundamental factors such as network activity, development updates, partnership announcements, and overall market conditions in the Other sector. The volume data of $2.40M in the last 24 hours provides insight into the level of market participation and liquidity available for DGB traders.
Here are other popular cryptocurrencies that investors tracking DigiByte (DGB) may also be interested in. These coins represent different categories and market cap ranges within the cryptocurrency ecosystem, providing diversification opportunities for crypto portfolios.
The current live price of DigiByte is $0.004458 USD. The price is updated in real-time from CoinGecko's aggregated market data across multiple cryptocurrency exchanges. In the last 24 hours, DGB has traded between $0.004222 and $0.004654, with a 24-hour change of 3.66%.
Indian users can buy DigiByte through popular cryptocurrency exchanges like Coinbase, Binance, or WazirX. The process involves creating an account, completing KYC verification with Aadhaar/PAN, depositing INR through UPI or bank transfer, and placing a buy order for DGB on the exchange.
The current market capitalization of DigiByte is approximately $82.42M. Market cap is calculated by multiplying the current price ($0.004458) by the circulating supply (18,488,080,730 DGB tokens). This metric ranks DigiByte among other digital assets in the cryptocurrency ecosystem.
DigiByte is classified under the Other category. The Other sector of the cryptocurrency market includes projects that share similar technological characteristics, use cases, and market dynamics. Investors often use category classification to build diversified crypto portfolios and compare project performance within the same sector.
Whether DigiByte (DGB) is a good investment depends on your individual risk tolerance, investment goals, and market outlook. The cryptocurrency market, including the Other sector, is known for high volatility. The current price of $0.004458 is 97.5% below its all-time high of $0.1781. We recommend conducting thorough research, diversifying your portfolio, and consulting a financial advisor before investing in cryptocurrencies. Use our interactive chart and market data above to conduct your own analysis of DigiByte.