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DigiByte Token (DGB): Should you Buy?

DigiByte (DGB) is one of the top 200 most popular cryptocurrencies currently. In terms of market cap, it is currently the 133rd largest digital currency (over US$723.63 million in market capitalizations). Should you invest in it? Is it a good investment? To answer all your queries, let me walk you through the DigiByte, how it works, and many more.

What Is DigiByte (DGB)? How does it Work?

DigiByte (DGB) is an open source blockchain as well as asset creation platform. Jared Tate (popularly called “DigiMan”) is the founder of DigiByte. He has been associated with Bitcoin since 2012 and went on to write his first book “Blockchain 2035: The Digital DNA of Internet 3.0”. Though he retired from his position briefly in May 2020, he returned in September 2020.

The operation of digibytes blockchain is dependent on:

  1. DigiByte Developers
  2. DigiByte Foundation: A volunteer organization that oversees preservation of the project.
  3. DigiByte Awareness Team: A group of volunteers that carries out marketing and promotional activities.

Though the development of the project started back in October 2013, it was only in January 2014 that the first genesis block of DGB token was mined as a Bitcoin (BTC) fork.

5 different algorithms are used by DigiByte public blockchain and cryptocurrency for improving the security. It also improves the Bitcoin blockchain’s:

  • Security
  • Capacity
  • Transaction speed

There are 3 layers in DigiByte and they are:

  1. A smart contract “App Store,”
  2. A public ledger
  3. The core protocol that features nodes communicating to relay transactions

Developers who want to launch digital assets, DApps (decentralized applications), and also encode the necessary corresponding smart contracts can use DigiAssets and its native token DGB. The strong foundation and partnerships of DigiByte is making the DGB a rapidly growing token, which is again fueling the coin price and DGB crypto trade.

DigiByte (DGB): Facts & Figures

All these facts and figures (as of November 30, 2021) will help you to make a decision on investing in DigiByte DGB coins. Before making DigiByte transactions, check out these facts and figures associated with this cryptocurrency of choice:

  • DigiByte DGB Price: US$0.04861 (Current Price of DGB)
  • 24hour Trading Volume (24h Volume): US$31,335,427
  • All-Time High (ATH) Price: US$0.1825 (reached on May 01, 2021)
  • All Time Low (ATL) Price: US$0.00002028 (reached on Dec 20, 2014)
  • 24h Low: US$0.04677
  • 7d Low: US$0.04293
  • 30d Low: US$0.04329
  • 90d Low: US$0.04135
  • 52 Week Low Price of DigiByte: US$0.01778
  • YTD (Year-To-Date) Return: 83.01% YTD (Year-To-Date) price change
  • Market Cap: US$723,629,014 (US$723.63 million)
  • Crypto Rank (in terms of market cap): 133rd in the crypto market
  • Fully Diluted Market Cap: US$1,020,878,481
  • Max Supply: 21,000,000,000
  • Total Supply: 14,885,424,243
  • Circulating Supply: 14.89 billion DGB (71%)

These are the facts that made DigiByte a preferred medium of exchange. Always check out market data and technical analysis before trading or investing. Also, consult crypto financial advisors and get tips from them on trending coins and how to earn crypto easily.

DigiByte DGB Price Prediction & Forecast

  • WalletInvestor’s DGB Price Prediction
  • US$0.0790 by 2022
  • US$0.210 by 2026
  • DigitalCoin’s DGB Price Prediction
  • US$0.0884850557 by 2022
  • US$0.0956137551 by 2023
  • US$0.1311247041 by 2024
  • US$0.1473313485 by 2025
  • US$0.1701822087 by 2026
  • US$0.1550713572 by 2027
  • US$0.2214779539 by 2028
  • TradingBeasts’ DGB Price Prediction
  • US$0.0606111 by 2022
  • US$0.0709410 by 2023
  • US$0.0906326 by 2024
  • Gov.Capital’s DGB Price Prediction
  • US$0.0838 by 2022
  • US$0.136 by 2023
  • US$0.200 by 2024
  • US$0.264 by 2025
  • US$0.336 by 2026

Where can you Buy DigiBytes?

You can buy DigiBytes in almost all top exchanges including:

  • Binance
  • KuCoin
  • Bilaxy
  • Sistemkoin
  • OKEx, and many more.

You can use credit cards, debit cards, or money transfers from a bank account to fund your cryptocurrency trading or investing account in a leading cryptocurrency exchange.

The most popular DigiByte price pairs of DigiByte are:

  • DGB/BTC, and many more.

Before investing, check out historical data of token DigiByte, fundamental analysis, crypto news, DigiByte price charts, price performance, market updates, DigiByte to USD (United States Dollar) exchange rate, DigiByte price history, DGB speed, DigiByte price prediction and price forecast, and others.

What are the Best Crypto Wallets to Store DigiByte Coins?

The best DigiByte wallets to store DGB are:

  1. Ledger Wallets
  2. DigiByte Core Wallet
  3. Guarda Wallet
  4. Jaxx Liberty
  5. DigiByte Go Wallet
  6. Exodus Wallet
  7. Atomic Wallet
  8. Digibyte Paper Wallet

Invest in DigiByte and Other Cryptocurrencies

You can buy and sell DigiByte and other virtual currencies (including Cardano price) against various fiat currencies (US Dollar USD, British Pound Sterling, Canadian Dollar CAD, South Korean WON, Singapore Dollar, Taiwan Dollar, Russian Ruble, Chinese Yuan, Hong Kong Dollar, etc.) through a wide array of crypto exchanges (centralized or decentralized exchanges), crypto APIs or mobile app, and DigiByte markets. Use Dollar Cost Averaging DCA strategy to invest in cryptos to minimize the risks associated with high volatility.

If you want to increase your investment explosively in the coming 5-to-10 years, buy crypto coins now. Keep an eye on the market news, price statistics, block times, blockchain news, and others to time your trading of Defi protocols and tokens for maximum profit.

You can also diversify your crypto coin portfolio by including other digital assets such as DGB, XMR, FIL, ETC, WBTC, BCH, BTC, AAVE, Ripple XRP, Bitcoin Ether ETH, Bitcoin Gold (also called Bit Gold), Bitcoin Cash BCH, DigiByte, Ethereum Classic, Shiba Inu SHIB, Binance Coin, Wrapped Bitcoin (some also call it wrap bitcoin or wBTC), USD Coin, Gemini Dollar, Internet Computer, ERC20 tokens (created on Ethereum blockchain), nonfungible tokens NFTs, Axie Infinity, and others.

Invest in cryptocurrencies, various types of stocks, mutual funds, index funds, real estate, and others to improve your personal finance. If possible, get help from a portfolio manager or wealth management firm for maximum return.

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