DigiByte (DGB) Price

  • DigiByte(DGB)
    $0.0098
    +0.0002(+2.8944%)
    10:42:23(GMT)|Real-Time Data, Currency in USD
    • Open
      $0.0095
      Day's Range
      $0.0097- $0.0102
    • Market Cap
      $112.55 M
      Volume
      $1.33 M
    • Current Supply
      11.41 BDGB
      Max Supply
      21.00 BDGB

DigiByteOverview

  • Proof TypePoW
  • AlgorithmMultiple
  • Market Cap$112.55 M
  • Volume$943.41 K
  • Current Supply11.41 BDGB
  • Max Supply21.00 BDGB
  • Open$0.0095
  • Day's Range$0.0097- $0.0102

DigiBytePrice

DigiByte is a cryptocurrency and open source blockchain created to deliver a faster and more secure cryptocurrency that represents objects of value including but not limited to currency, information, property, and digital data.

Users of DigiBytes blockchain technology are able to secure data, documents, and contracts on the decentralized ledger, while DigiBytes also competes with other true cryptocurrencies to become the leading alternative virtual payment platform to fiat money.

Security is enhanced with the implementation of both Multishield and Digishield.

DigiByte uses five secure and advanced cryptographic mining algorithms to prevent mining centralization that has been seen on other single algorithm blockchains.

Block processing time is 15 seconds, with an early adoption of segregated witness (SegWit) allowing for several innovations to occur including cross chain transactions and single confirmation transactions.

Transactions on the DigiByte blockchain are limited in size and scope in order to increase speed, efficiency, and throughput while maintaining security.

DigiByte was launched in January 2014 and was created by Jared Tate. From 2014 through to 2035, the number of DigiBytes that can be created is capped at 21 billion.

DigiByte coins are created through mining, with the DigiByte network using proof-of-work consensus algorithms. CPU, GPU, and ASIC hardware along with specialized DigiByte mining software and a DigiByte wallet are required to mine for DigiBytes.

Miners are able to choose from five algorithms to mine for DigiBytes, the algorithms being: sha256; skein; qubit; groestl and scrypt.

Each algorithm caters for different types of mining hardware:

  • Sha256 and scrypt: ASIC hardware
  • Skein and groestl: GPU hardware
  • Qubit: Multiple hardware.

Some distinct differences and characteristics of the DigiByte Platform include:

  • DigiBytes transactions per second are projected to hit 280,000 by 2035.
  • There is no whitepaper for prospective investors to get a better handle on the tech and team goals.
  • As the main competitor to Bitcoin, speed is the name of the game and Bitcoin is dwarfed by comparison. With a TPS of over 500 per second compared with Bitcoin’s 7, a viable alternative to the likes of PayPal, Western Union and eventually even Visa.
  • With 5 algorithms, the DigiByte team have delivered mining protocols that prevent centralization.

DigiByteForecasts

all forecasts
  • Yaron Mazor
    Yaron Mazor

    DigiByte – 5 Cents Target. When?

    Since its price stabilization in April, DigiByte past performance shows a month of gains followed by 2 months of losses. There is no other evidence nor any kind of clue whether October will be another green month that will continue to produce the same market price pattern or not.With a

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DigiByteTechnical Analysis

Summary

BUY
  • Moving Averages
    BUY(12)
  • Indicators
    NEUTRAL(8)

Moving Averages

SIMPLEEXP.WEIGHTED
MA (5)0.00990.00990.0099
MA (10)0.00980.00990.0099
MA (20)0.00970.00970.0098
MA (50)0.00930.00950.0096
MA (100)0.00910.00920.0093
MA (200)0.00900.00900.0091
BUY6120

Trend Indicators

MACD (12,26,9)0.0002
ADX (14)49.8964
RSI (14)66.4332
Williams %R (14)-32.4786
Stochastic RSI (14)76.6705
ROC (10)3.2811
CCI (14)115.6331
Ultimate oscillator (7,14,28)43.6755
Stochastic Fast (14)67.5214
ATR (14)0.0002
BBands (20)0.0006
NEUTRAL128

Pivot Points

names3s2s1pivotr1r2r3
classic0.00980.00990.00990.01000.01000.01000.0101
fibonacci0.00990.00990.00990.01000.01000.01000.0100
camarilla0.00990.00990.00990.01000.01000.01000.0100
woodieN/A0.00740.00490.00750.00500.0075N/A
demarkN/AN/A0.00990.01000.0100N/AN/A
names3s2s1pivotr1r2r3
classic
fibonacci
camarilla
woodie
demark

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