Digibyte is being developed to enhance certain aspects of both Bitcoin and Litecoin networks. Bitcoin transactions are much slower compared to Digibyte cryptocurrency. This cryptocurrency mainly focuses on the hiked transaction fee, transaction speeds, and massive volatility, making it a problem to utilize these digital assets as a payment method.
The live DigiByte price today (21 March 2022) is $0.020938 USD with a 24-hour trading volume of $19,810,808 USD. DigiByte is down 1.19% in the last 24 hours. The current CoinMarketCap ranking is #163, with a live market cap of $318,005,162 USD. It has a circulating supply of 15,188,080,563 DGB coins and a max. supply of 21,000,000,000 DGB coins.
What is Digibyte?
DigiByte refers to an open-source blockchain and an asset creation platform. Digibyte blockchain argues that other blockchains like Bitcoin and Ethereum are not secure or scalable enough.
However, it asserts that it has a tested and proven solution quicker and safer than the rivals. Digibyte refers to a blockchain network established on three separate layers. The covering layer is for smart contracts, DApps, and adjustable tokens DigiAssets protocol. The intermediate layer refers to the public ledger where DigiByte’s native token, DGB, can flow across the entire blockchain and acts as the base asset. The lowermost layer is the DigiByte platform’s heart, including decentralized nodes, client software, and communication.
The founder, Jared Tate, has been working on DigiByte from 2013 through 2020. However, genesis block was officially launched in 2014 as a Bitcoin hardfork. Having been in operation for over five years now, DigiByte demonstrated that its protection as a blockchain technology network is authentic.
The unique feature of the global DigiByte blockchain is that it utilizes five DigiByte mining algorithms while most blockchains only use one. The five separate mining algorithms protect the network from mining centralization and enhance its security. These algorithms include SHA256, Scrypt, Groestl, Skein, and Qubi.
On top of the multi-algorithm mining, Digibyte blockchain asserts that it possesses the most advanced difficulty stability than any other modern blockchain. The progressive difficulty adjustment feature is for shielding the network from vicious attacks and reinforcing its security. Thus Digibyte (DGB) has favorable future price predictions.
|Coin||Symbol||Price||Marketcap||Change||Last 24h||Supply||Volume (24h)|
|DGB||$ 0.012487||$ 191.54 M||4.74%||15.34 B||$ 10.91 M|
DigiByte’s primary goal is to provide the crypto community and even financial institutions with a new and more secure means of settlement. It seeks to promote decent transaction speed along with tight security protocols. Thus, it seeks to dominate the cryptocurrency markets.
DigiByte transactions are fast, and it is one of the safest cryptocurrencies. The DGB team will aid in linking these financial institutions with tech gurus digital asset users globally. DigiByte blocks were designed as a flexible, secure, and adaptable infrastructure that will introduce fresh features and services to the blockchain industry.
Although currently, the crypto asset rests at a 24-hour trading volume of $233,731,200.36. Dash’s price is currently around $154. You can buy Digibyte at any of the major crypto exchanges as it is a profitable investment and might see a price rise in the near future.
History of DigiByte hard forks
DigiShield – block 67,200
DigiShield was activated back in Feb. 2014 after the DigiByte blockchain launch to enable the blockchain to safeguard multiple pools that mine massive amounts of DigiByte at minimal difficulty. DigiShield accomplishes this by recomputing the block difficulty across all blocks, allowing prompt correction if a multi-pool starts or stops providing to DigiByte, instead of recomputing once every two weeks like in the case of the world’s leading cryptocurrency Bitcoin. The DigiByte team helped Dogecoin successfully execute DigiShield in 2014, prompting more than 20 other blockchains like Ethereum, Zcash, Bitcoin Gold, and Bitcoin Cash, and others to add it.
MultiAlgo – Block 145,000
This hard fork was triggered back in Sept. 2014 to allow multialgo mining of DigiByte to fit in the different mining modes such as ASIC mining, GPU, and CPU mining.
MultiShield – Block 400,000
This hard fork was triggered back on December 10th, 2014. This hard fork had the task to activate DigiShield across the new MultiAlgo platform and accomplish the same goals on all five mining pools
DigiSpeed – Block 1,430,000
The hard fork was initiated back in December 2015 and aimed at increasing the speed of the DigiByte coin. The Digibyte block time for confirming transactions was by 50 percent to 15 seconds.
Odocrypt – Block 9,112,320
The hardfork was triggered in July 2019, giving birth to Odocrypt, a unique FPGA-friendly hashing algorithm. The algorithm is designed specifically for Digibyte and adjusts after every decade as an anti-ASIC approach.
Brief history of DGB price over the years
DigiByte’s native token DGB was introduced into the market back in 2014. DigiByte price remained at $0.01 for a couple of days before dropping even further towards $0.0003. The altcoin did not excel during its early days, and most investors opted to acquire other more prominent digital assets. Nevertheless, the DigiByte cryptocurrency began to grow gradually and started amassing capital.
Digibyte (DGB) hovered within $0.0003 for about three years before spiking during the spring of 2017. Investors who acquired DGB early made a three-fold profit when the Digibyte price reached $0.001. For once, the DigiByte cryptocurrency market cap started to spell tens of millions of dollars.
During the fall of 2017, a well-known payment platform Paytomat added support for DGB. On top of that, popular crypto exchanges listed the cryptocurrency. As a result, the DGB price started growing more resolutely.
Early into 2018, the price of DGB reached a record high of 13 cents per DGB token and $1.2 billion in total market capitalization. Unfortunately, the pull-back phase knocked in and drove the cryptocurrency downwards. The sharp retracement transformed into a broad bearish trend, and indicators dropped.
Another notable pricing event took place when the price of DGB rose from $0.017 up to $0.049 within a month in April 2018, gaining more than 185 percent. Afterward, its price plummeted to reach a low of $0.004 in 2020. In January 2021, one DGB traded at $0.025 after a substantial rally. At the time of writing, one DigiByte token is retailing at $0.043.
Digibyte Technical Analysis
At the time of writing, Digibyte is trading at $0.02037. According to technical analysis, Digibyte is currently below its 50-day and 100-day Moving Average. However, its current price needs to break the $0.0261 thread line to resume its bullish trend. Its Moving Averages suggests investors should buy. DGB/USD currently points to a neutral zone according to its technical oscillators.
The live Digibyte price is $0.020348 with a 24-hour trading volume of $20,246,229—however, its price up 1.94% in the last 24 hours. The current CoinMarketCap ranking is #163, with a live market cap of $308,894,666. It has a circulating supply of 15,180,911,854 DGB coins and a max. supply of 21,000,000,000 DGB coins.
Digibyte Price Prediction 2022 – 2026
Digibyte Price Prediction 2022
Digibyte price prediction 2022 says that the DGB token will reach a minimum price of $0.0199, a maximum price of $0.0293, and an average price of $0.0234 before 2022 closes. Based on the available data, Digibyte price prediction for 2022 reveals that we might see a 19% increase in the price of DGB tokens by the end of the year.
|Year||Minimum price||Average price||Maximum price|
|Apr-22||$ 0.024||$ 0.028||$ 0.035|
|May-22||$ 0.024||$ 0.028||$ 0.035|
|Jun-22||$ 0.024||$ 0.028||$ 0.035|
|Jul-22||$ 0.023||$ 0.027||$ 0.034|
|Aug-22||$ 0.023||$ 0.027||$ 0.034|
|Sep-22||$ 0.022||$ 0.026||$ 0.033|
|Oct-22||$ 0.022||$ 0.026||$ 0.032|
|Nov-22||$ 0.021||$ 0.025||$ 0.031|
|Dec-22||$ 0.020||$ 0.023||$ 0.029|
Digibyte Price Prediction 2023
The price of Digibyte is predicted to reach a minimum level of $0.041 in 2023. However, its price can also reach a maximum level of $0.047, with an average price of $0.042 throughout 2023.
|Year||Minimum price||Average price||Maximum price|
|Jan-23||$ 0.026||$ 0.029||$ 0.030|
|Feb-23||$ 0.029||$ 0.030||$ 0.031|
|Mar-23||$ 0.026||$ 0.031||$ 0.032|
|Apr-23||$ 0.030||$ 0.032||$ 0.033|
|May-23||$ 0.032||$ 0.033||$ 0.035|
|Jun-23||$ 0.033||$ 0.034||$ 0.036|
|Jul-23||$ 0.035||$ 0.036||$ 0.038|
|Aug-23||$ 0.036||$ 0.037||$ 0.040|
|Sep-23||$ 0.037||$ 0.038||$ 0.041|
|Oct-23||$ 0.038||$ 0.039||$ 0.043|
|Nov-23||$ 0.039||$ 0.041||$ 0.045|
|Dec-23||$ 0.041||$ 0.042||$ 0.047|
Digibyte Price Prediction 2024
As per the forecast price and technical analysis, in 2024, the price of DigiByte is predicted to reach at a minimum level of $0.062. Again, the expected minimum price value of DigiByte by the end of the current year should be $0.060. Moreover, DGB can reach a maximum price level of $0.070.
|Year||Minimum price||Average price||Maximum price|
|Jan-24||$ 0.040||$ 0.044||$ 0.046|
|Feb-24||$ 0.044||$ 0.046||$ 0.047|
|Mar-24||$ 0.046||$ 0.048||$ 0.049|
|Apr-24||$ 0.047||$ 0.049||$ 0.051|
|May-24||$ 0.049||$ 0.050||$ 0.053|
|Jun-24||$ 0.049||$ 0.051||$ 0.055|
|Jul-24||$ 0.051||$ 0.053||$ 0.057|
|Aug-24||$ 0.053||$ 0.054||$ 0.059|
|Sep-24||$ 0.054||$ 0.056||$ 0.062|
|Oct-24||$ 0.056||$ 0.058||$ 0.064|
|Nov-24||$ 0.059||$ 0.058||$ 0.067|
|Dec-24||$ 0.060||$ 0.062||$ 0.070|
Digibyte Price Prediction 2025
The price of 1 DigiByte is expected to reach a minimum level of $0.088 in 2025. The DGB price can reach a maximum of $0.11 with an average price of $0.091 throughout 2025.
|Year||Minimum price||Average price||Maximum price|
|Jan-25||$ 0.060||$ 0.066||$ 0.067|
|Feb-25||$ 0.065||$ 0.068||$ 0.071|
|Mar-25||$ 0.067||$ 0.070||$ 0.074|
|Apr-25||$ 0.071||$ 0.073||$ 0.077|
|May-25||$ 0.073||$ 0.076||$ 0.081|
|Jun-25||$ 0.077||$ 0.079||$ 0.084|
|Jul-25||$ 0.078||$ 0.081||$ 0.087|
|Aug-25||$ 0.080||$ 0.083||$ 0.091|
|Sep-25||$ 0.083||$ 0.086||$ 0.095|
|Oct-25||$ 0.084||$ 0.087||$ 0.099|
|Nov-25||$ 0.086||$ 0.089||$ 0.10|
|Dec-25||$ 0.088||$ 0.091||$ 0.11|
Digibyte Price Prediction 2026 and beyond
DigiByte price is forecast to reach the lowest possible level of $0.13 in 2026. As per the technical analysis, the DGB price could reach a maximum possible level of $0.15 with the average forecast price of $0.13, making it a slightly profitable investment. You need to know that this is not financial advice, and all investors are advised to do their research before making any financial decision.
The available information regarding the price prediction of Digibyte in 2026 and beyond showcases that the token can achieve significant growth.
According to deep technical analysis on past price data of DGB, in 2027, the price of DigiByte is forecasted to be at around a minimum value of $0.19. The DigiByte price value can reach a maximum of $0.22 with an average trading value of $0.19 in USD. In 2028, the price of DigiByte is predicted to reach a minimum value of $0.27, and the DigiByte price could reach a maximum value of $0.32 with an average trading price of $0.28 throughout 2028.
In 2029, the price of DigiByte is expected to reach a minimum price value of $0.41 and a maximum price value of $0.48, with an average value of $0.42. Again, Digibyte is predicted to reach a minimum value of $0.57 and a maximum value of $0.69, with an average trading price of $0.59 throughout 2030.
Digibyte Price Prediction by Industry Experts
DigiByte is well known for its fantastic scalability and efficiency. That is why its native currency, DGB, is in high demand among merchants. However, the platform recently announced on Twitter its partnership with popular eCommerce plugins such as WooCommerce, Prestashop, Shopware, Opencart, Shopify, etc. This partnership aims to provide these businesses with a fast payment method with cryptocurrencies. With more partnerships and use-cases like these, Digibyte should be a futuristic cryptocurrency and one to watch out for.
Digibyte has always fluctuated like other cryptocurrencies in the market. However, the DGB price forecast over the years shows that the token is said to do better than it has done in the past. Price forecasts have shown that if there could be an improvement in their offers, partnerships, and the likes, the token could hit a higher price annually. So far, use cases around Digibyte have been significant, but they can be better than they used to. Nonetheless, investing in this token is a smart move in 2022 and beyond.
DGB future developments
DigiByte seems to be performing more amply compared to some other cryptocurrencies in the market. Although the digital currency suffered significant deficits during the March 2020 crash, it successfully recovered and has put it in a strong foothold as others struggled to get back to where they were before the crash. DGB token has been among the top performers since the COVID-19-instigated market crash, and its future outlook is encouraging.
Even though the team does not have a real roadmap, they have several development ideas under consideration. First of all, they are exploring a mining algorithm swap. The network currently utilizes five separate mining algorithms, and the developers are considering modifying one of them to decentralize mining even further.
The main development goal on the list of agendas is the DigiByte team term “Core 4.1.3”.The protocol’s successful development will allow users to create and run a smart contract on the DigiByte blockchain. This could be huge for DigiByte, and it will most probably drive the value of the virtual currency.
DigiByte asserts that it is actively looking to collaborate with corporate organizations. If large companies were to adopt the DGB token, it would massively influence the Digibyte price. In 2018, the blockchain firm employed a public relations agency’s services to push its brand. This was a superb move and helped DigByte enter new partnerships.
In 2018, DigiByte partnered with Investa UK to integrate DGB tokens in its debit cards and ATMs worldwide.
In July 2020, DigiByte revealed that it collaborated with Three Fold, accelerating decentralized peer-to-peer internet plans. As per the official announcement, the partnership between the two aimed to accomplish their shared vision of a world that would empower humanity.
The DGB token is now supported by multiple top exchanges such as Binance, Coinbase, Bittrex, OKex, etc. These platforms support the trading of DGB tokens in cryptocurrency or fiat currency pairs. Although DGB has not attained the exchange ubiquity of top cryptocurrencies such as BTC and ETH, the token is now supported by over 55 crypto exchanges, excluding the multiple platforms that have chosen to apply its technology.
Community is perhaps DigiByte’s biggest strength. Its myriad members are very vocal on social media networks and regularly vote for DGB to get listed on exchange platforms. A DigiByte Awareness Team was initiated to serve as a community-driven outreach drive to boost the network. The objective is to foster the DigiByte network’s proliferation via education, meetings, holding events, and various other awareness-raising activities.
Will DigiByte succeed?
The system for evaluating the value of a digital asset is yet to be leached out by investors. In reality, the average conventional investor is not aware of the availability of these tokens. As such, DigiByte presents an excellent opportunity for investors who think laterally. From a technological point of view, DigiByte is a coding masterpiece.
The DGB token is arguably the quickest, safest, and most safe blockchain existing. For this reason, the network provides boundless opportunities for individuals seeking to develop on top of the DigiByte network. At the moment, several developers are employing DigiByte’s technology, such as V-ID, Docusign, Digi-ID, and Digi-Assets, to develop decentralized applications with different applications.
Precisely, Digi Assets could probably deliver immense value to DGB holders and the entire ecosystem. Users are required to give up a portion of DGB coins to issue a Digi-Asset. This forms a different use-case for DGB tokens in addition to just speculating. In 2017, Ethereum price massively gained because it was required to invest in initial coin offering ICOs. This is because there was a real-world application that forced people to acquire ETH tokens.
Additionally, the DigiByte decentralized application is capable of running a smart contract similar to the Ethereum blockchain. Jared Tate has already expressed his desire to support solidity to attract more developers to build on the DGB blockchain. This will specifically play a vital role in the trajectory development of the network.
Just like thousands of other blockchain projects, DigiByte price could eventually end up failing. Currently, there is not enough developer activity on the DigiByte blockchain, which is a big concern. Influential DGB community members and the DigiByte Foundation should put more effort into recruiting more developers into the network.
Overall, DigiByte is a promising blockchain crypto project because it epitomizes the characteristics of true decentralization. Compared to other projects, DGB keeps a weather eye on blockchain development and advocates for adoption. Surprisingly, its native token has not performed better in the market and is, therefore, a good investment.
DGB price forecasting is not straightforward. DGB has always been among the top 100 cryptocurrencies on the Coinmarket cap. The token is traded globally and boasts an international pool of investors. Altcoins within the top 100 usually attract a lot of investors, and DigiByte is not an exception. Its value is likely to be driven by both institutional and retail investors in the future. Taking into account the massive yearly inflation rate of over 11 percent and the colossal supply of 21 billion DGB tokens, it will be an extraordinary and groundbreaking rally for DigiByte coin price to hit $1. The crypto should add over 70 folds of its current market price, and to do this, it has to take out or match the Bitcoin price movement.
Many analysts believe that the progress of Bitcoin and Ethereum may stand in the way of DigiByte. However, it is only time before DGB shows its performance on the crypto market. As stated before, Digibyte would have to do better than before to build partnerships and collaborations that increase visibility and infuse more funds into the project, making it relevant for all the users and investors alike.
FAQs about Digibyte price
Is it good to invest in DigiByte?
According to our price analysis, Digibyte is a good investment. However, its 2030 predictions suggest that the coin will reach $0.6. Based on our forecasts, DGB tokens will get to $0.5 in the next five years.
Can DigiByte reach $1?
As per DGB price prediction, the average price is expected to be around $0.04 in 1 year, and the price might reach $0.59 in 2030. The optimistic price rise may push the highest price to hit a mark of $1 by December 2030.