Last Updated on 29 June 2022 by CryptoTips.eu
Digibyte Price
Read everything about the Digibyte Price.
Follow the Digibyte price in euro
In the above given widget you can see the current Digibyte price in a interactive chart which displays the performance of the DGB price throughout the last day. It is important to be noted that crypto-trading never stops, so the chart will show the performance of the last 24 hours.
As Bitcoin and Ethereum, Digibyte is also a cryptocurrency and can be traded around the clock and never stops, even during the weekdays. Whereas, conventional stocks, which can only work over the fixed business hours from 9 AM to 5.30 PM. It means that when conventional stock companies are free at the weekends, crypto-trading still continues.
Moreover, in the displayed price chart, you can examine the performance of the Digibyte value in different time spans, like over the past seven days (7D), thirty days (30D), since the start of the year (displayed as YTD) and since the first listing of Digibyte (you can see this by clicking ALL,which is the abbreviation of all-time).
DGB price in euros and dollars
The below chart offers more information about the DGB value and its performance over the past 24 hours, seven days and last month. The prices are displayed in euros and in dollars. You can also see the highest and lowest price of the past 24 hours (1D).
You can switch between dollars and euros by clicking on EUR or USD.
Note: the price may vary a few cents (USD or EUR), because the data is supplied by two different companies.
The history of Digibyte’s price
Digibyte was launched in 2014 by Jared Tate, this project focuses on high transactions speeds and security. The first trading price at the time of the listing was $0.0016 and had a very small price movement until 2017. In 2017, the Digibyte price started to take off due to the bull market. In December 2017, the DGB price suddenly raised up to 120% in just twelve hours. The price skyrocketed in the beginning of 2018 and went down after that.
Jared Tate had during 2018 a big fight with Binance, he publicly said that the Binance listing fees were too high, even though DGB had won some listing competitions. Tate said that the fee was more than 2 million dollars.
2019 was also a bad year for Digibyte and the price saw a decline from $0,01 to $0,005. The battle with exchanges continues as Digibyte was also suddenly delisted from Poloniex. The delisting was because of a fight between Tate and Justin Sun. Justin Sun happens to be the CEO of Poloniex and Tron.
The year 2020 was actually a better year for the Digibyte price and it showed some signs of live. Mid-2020 Jared Tate told the community that he steps down from the daily operations and the price declined with almost 20%. The founder made sure that he is not selling his big holdings of the DGB-tokens.
With Jared Tate stepping down, a lot of exchanges are open to list DGB. In 2020 Digibyte got listed on Binance and there’s a rumor that Coinbase is also looking at it.
Digibyte historical prices
The table below shows the historic Bitcoin prices over the past week.
How is the DigiByte price established?
The Digibyte’s price is following the same criteria which applies on the stock market. The price of DGB is determined by supply and demand. When there are more buyers than sellers, the price will rise. And when there are more sellers, the price will go down. This happens at a lot of exchanges at the same time, so the price at every exchange can differ.
Besides supply and demand, other factors can also affect the value of Digibyte (DGB). News and trading manipulation can influence the value of Digibyte. Also, controversial statements of famous tech-people can affect the price.
Digibyte price prediction
It is obvious that there is no authentic source which can give official prediction about of a future Digibyte price. Moreover, an insight review of the history depicts the volatile nature of the Digibyte price, so predictions about the value make no sense.
The price volatility makes it more engaging for traders to invest in Digibyte (note: we can’t predict whether the price will increase or decrease in near future). DGB is coming up with partnerships with authentic enterprises, which will have an influence on the value.
In the background, the development team is working hard to develop new features for this project. It is a good sign to see that the team is still active and developing. Despite everything, some predictions are made on the the basis of everyday news items, partnerships and future expectations.
What do you need to take into account with the Digibyte price?
Before investing, you need to keep in mind that the price can vary very fast. Obviously, no one can predict the future, so it is a risky investment. The crypto market is only for those who understand the risks and know the volatility. So, if you are a person who doesn’t take any risks, you should avoid investing in Digibyte.
We repeatedly emphasize on saying that you should never invest more money than you are willing to lose.
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