Digibyte (DGB) Price, Chart, Market Data & Insights
As of June 06, 2025, Digibyte (DGB) is trading at approximately $0.00836 USD, reflecting a 0.82% increase from the previous close.
| Current Price | 24h Price Change | 7-Day Avg Price | Support Level | Next Resistance |
| $0.00836 USD | 0.82% | $0.00939 USD | $0.00591 USD | $0.0126 USD |
📈 Technical Analysis Summary
- Price Movement: The 0.82% increase indicates Bullish momentum; renewed investor confidence.
- 7-Day Average Comparison: Trading below the 7-day average ($0.00939 USD); weak or consolidating trend; watch for support breakdown.
- Support and Resistance Levels: Price is above support ($0.00591 USD); confirms bullish base. Room for growth before hitting resistance ($0.0126 USD).
- RSI Analysis: RSI at 59.33 indicates Neutral zone; balanced market.
- MACD Analysis: Flat MACD (+0.00); no strong directional bias.
📊 Market Sentiment
| Indicator | Value | Interpretation |
|---|---|---|
| RSI | 59.33% | Neutral; neither overbought nor oversold |
| MACD | +0.00 | Bullish; suggests upward momentum |
| Above 7-Day Avg? | No | Indicates bearish pressure or cooling off |
| Above Support? | Yes | Suggests price stability above support. |
Digibyte (DGB) Price Prediction Preview
| Forecast Range | Prediction Trend |
|---|---|
| Daily | 📈 Bullish — Bitcoin is expected to maintain upward momentum short-term |
| Weekly | 🔻 Weak — Risk of short-term pullback if support breaks |
| Monthly | 📉 Limited upside — DGBUSD needs stronger volume to break resistance |
| Yearly | 🧯 Uncertain — Macro factors may limit long-term upside for DGBUSD |
Related News
In 2014, Jared Tate released DigiByte (DGB) as an open-source and decentralized crypto and blockchain project. The developers of DigiByte want Bitcoin’s disadvantages to be solved by ensuring speed, enhanced safety and more potential. DigiByte seeks to provide users with a trustworthy system for carrying out digital transfers.
How is DigiByte Designed?
DigiByte functions with a blockchain that has multiple layers.
- Application Layer: Gives users a way to communicate with the DigiByte network.
- Digital Asset Layer: Oversees the issuing and transferring of digital assets such as DGB.
- Neutral negotiator, continually delivering data for incoming and outgoing routing.
The system uses SHA256, Scrypt, Skein, Qubit and Odocrypt algorithms to handle security on DigiByte. While Bitcoin requires 10 minutes to finish processing one block, Ethereum can do it in just 15 seconds.
DigiByte and other cryptocurrencies
While DigiByte is similar to Bitcoin due to its UTXO blockchain, it distinguishes itself by using multiple algorithms and its faster rate of creating new blocks. Unlike Ethereum, DigiByte places greater importance on security and handling a high volume of digital transactions. Because of its special traits, it works well as a general alternative in the world of cryptocurrencies.
The Technology Used in DigiByte
DigiByte is noted for its many technological developments.
- MultiShield is an algorithm that helps the network to respond when the number of attacks or miners changes.
- With SegWit, more transactions can be packed and processed easily without strain on the network.
- Using Digi-ID, people can sign in online without entering a username and password.
Thanks to the new technology, DigiByte stands out as an effective and reliable blockchain platform.
Is DigiByte a Reliable Investment?
As DigiByte has been around in the cryptocurrency market for a long time and has great technological features, many investors prefer it for its secure and scalable blockchain. However, less people being aware of it might restrict its ability to purchase and be used more widely. Just like any other investment, those looking to invest in DGB should look into the market carefully and thoroughly.
Considerations Related to Laws and Regulations in 2025
In May 2025, DigiByte currency will not be supported by any official legislation worldwide. When using the decentralized platform, users ought to be mindful of how regulations for cryptocurrencies are being updated. It is necessary to follow local regulations whenever dealing with DigiByte or any digital asset.
How to buy and trading DigiByte
There are a few steps to purchasing and trading DGB.
- You can use Binance, Uphold or KuCoin to learn to trade DGB.
- Register and proceed through any processes that confirm your identity.
- Add Fiat Currency or Other Cryptocurrencies: Make a deposit using fiat money or other cryptocurrencies in your exchange.
- Access the trading area, select DGB and perform your purchase.
- Protect your DGB: Transfer your coins to a safe wallet.
DigiByte Wallet’s Safety
You must focus on protecting your DGB assets. It’s recommended to use wallets such as:
- Trust Wallet: An easy-to-use mobile wallet that is also secure.
- Ledger Nano S and X: Use hardware wallets for long-term safekeeping of your Bitcoins, as they provide potent security.
- Exodus Wallet: A wallet that works on both computers and mobile devices and includes exchange features for your convenience.
Always copy your wallet, activate two-factor authentication and ensure your private keys are safe.
How to Keep Your DigiByte Safe
To increase the safety of your DGB assets:
- A hardware wallet is a good option since it helps you store your DGB away from potential hackers online.
- Two-Factor Authentication (2FA) makes your accounts more secure.
- Maintain Up-to-Date Software: Keep up-to-date to address and fix any security concerns.
- Be Careful of Phishing: Refrain from clicking questionable links or sharing your important details with unknown people.
Where DigiByte is Being Used
Fast transactions and low charges on DigiByte suit it for several purposes.
- Small purchases: Great option for online tipping, buying things on the web and making donations.
- With Digi-ID, verifying one’s digital identity happens securely and without needing passwords.
- Through its scalable blockchain, Decentralized Applications back the development of dApps.
- They show that DigiByte is adaptable in various industries.
DigiByte’s Future Growth
The future looks bright for DigiByte since it continues to focus on both decentralization and security. An active user base and frequent improvements in the technology may encourage more people to use it. Yet, the success of Ethereum may be affected by rivals in the blockchain field and by new regulations. People interested in DigiByte’s outlook should keep an eye on such factors.
Advantages and Disadvantages of Buying DigiByte
Pros:
- Network security is strengthened by using various algorithms in mining.
- It takes only 15 seconds for a block to be processed in Bitcoin, so confirmations are done in minutes.
- Micro-Transactions: Using the low-cost feature for smaller money transfers.
- It is run by communities without the need for a central authority.
Cons:
- Compared to the main cryptocurrencies, it is not easily noticed by most people in the market.
- Uncertain laws: It is possible that legal issues may arise in different countries.
- Competition: It encounters rivals from other platforms that can be scaled quickly.
Final Thoughts
It is notable that DigiByte is secure, fast, decentralized and has many useful applications. Its popularity is backed by development and encouragement from the community in the world of crypto. Even though it does not rank as high as major cryptocurrencies, DigiByte is a sensible and safe option for users and investors.
Frequently Asked Questions
Explain - how DigiByte aims to achieve decentralization?
DigiByte relies on decentralization by avoiding any central authority or CEO. Many people are involved in driving the development of Linux, as they contribute as volunteers. Since the network works with five mining algorithms, it ensures that mining is not controlled by a few, helping to prevent centralization.
How fast does DigiByte’s block time run compared to other cryptocurrencies?
Block confirmation with DigiByte takes 15 seconds, whereas Bitcoin takes 10 minutes. Fast block generation permits transactions to be approved faster and makes the network more efficient.
Why do DigiByte use five mining algorithms?
In DigiByte, miners use five algorithms for mining: SHA256, Scrypt, Skein, Qubit and Odocrypt. By using many algorithms, security is advanced since mining cannot be concentrated and users with different mining equipment can help.
Is there a fee for promoting transactions through DigiByte?
Microtransactions and everyday use can be done with DigiByte since it is cheap to use. The effective design of DGB’s network means users do not have to spend much while transacting, regardless of how busy the network gets.
What exactly is DigiAssets and its role in the DigiByte system?
DigiAssets is a secondary blockchain building on DigiByte that allows using digital assets, tokens and smart contracts. Dapps can be built and valuable real-world assets can be made secure and efficient through the use of blockchain.
How does the Digi-ID in DigiByte help users secure their accounts?
Digi-ID is a safe way to identify yourself using the DigiByte blockchain. With cryptographic signatures, website and app users are allowed to log in without having to input their usernames or passwords. By using this technique, users enjoy increased privacy since their sensitive login information does not need to be stored.
What is the most DigiByte that can be produced and what process is used for its distribution?
There is a total of 21 billion DigiByte DGB that will be mined by 2035. The difference in supply between Dogecoin and Bitcoin aims to enable more people to use the coin and accept it as payment. The amount of new coins distributed decreases as time goes on.
Which measures does DigiByte take to keep its network secure from any threats?
The combination of its varied mining procedures and DigiShield/MultiShield makes DigiByte highly secure. This reduces the danger of malicious attacks and keeps the network secure since the blockchain remains stable.
Is DigiByte accepted for buying and paying for regular items?
Yes, Because DigiByte is fast and cheap, it is perfect for making regular purchases. You can use many wallets and platforms to handle DGB payments, as there are merchants who accept DGB as well.
What is provided to help developers get started on DigiByte?
People creating programs on DigiByte can use the Wiki, GitHub repositories and participate in community forums. The consortium delivers necessary papers, tools and help for building applications, connecting DigiByte to services and taking part in developing the blockchain’s technology.