◆ Layer 1 blockchain · DGBUSDT
DigiByte
DigiByte, launched in 2014, is a proof-of-work chain using five mining algorithms to limit centralisation.
◆ Live market
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24h
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- Ticker
- DGBUSDT
- Category
- Cryptocurrencies
- Type
- Layer 1 blockchain
- Sector
- Layer 1
- Market-cap rank
- n°331
- Trading hours
- 24/7
What is DigiByte?
DigiByte, launched in 2014, is a proof-of-work chain using five mining algorithms to limit centralisation. A Layer 1 is a standalone blockchain: it validates its own transactions through its own consensus (proof of work or proof of stake), and its native token pays fees and often secures the network through staking.
How DigiByte works and what gives it value
A Layer 1's value depends on the activity it hosts: applications, stablecoins, DeFi volume, active addresses. More usage means more demand for the token (fees, staking, collateral). Layer 1s compete on speed, cost, security and decentralisation.
What moves the price of DigiByte
- ◆Global liquidity and risk appetite (rates, dollar)
- ◆Correlation with Bitcoin and Ethereum
- ◆Protocol upgrades and roadmap
- ◆New apps, stablecoins and capital arriving on the network
- ◆Token issuance and unlock schedule
- ◆Listed products (ETF/ETP) and institutional interest
Key metrics to watch
- ◆Total value locked (TVL) and DeFi volume
- ◆Active addresses and transaction count
- ◆Fees generated by the network
- ◆Staking ratio and token inflation
- ◆Dominance versus BTC/ETH
Risks specific to DigiByte
- ◆Strong competition between chains
- ◆Outages or security flaws
- ◆Dilution from new token issuance
- ◆Regulation
How to analyse DigiByte on GraphTrade
Underlying trends read best on daily and weekly; 4h helps refine entries. Open the DGBUSDT chart, add the indicators below, compare DigiByte with similar assets in Performance and ask the AI Compass to explain the latest move with news and macro context.
Themes
Included in: Top 251–500.
◆ Indicators suited to DigiByte
◆ FAQ
What is DigiByte (DGBUSDT)?
DigiByte, launched in 2014, is a proof-of-work chain using five mining algorithms to limit centralisation.
Why is DigiByte going up or down today?
The main drivers are: global liquidity and risk appetite (rates, dollar), correlation with bitcoin and ethereum, protocol upgrades and roadmap, new apps, stablecoins and capital arriving on the network. The AI Compass cross-references these with today's news.
Which indicators work best on DigiByte?
Underlying trends read best on daily and weekly; 4h helps refine entries.
What are the risks of DigiByte?
Strong competition between chains ; Outages or security flaws ; Dilution from new token issuance ; Regulation.
What is the market-cap rank of DigiByte?
DigiByte was ranked #331 by market cap when this page was generated, in the Layer 1 sector. The live rank appears at the top of the page.
How do I follow DigiByte in real time?
Open the free GraphTrade chart for DGBUSDT: price updates live every second, with all indicators.
How do I add DigiByte to my portfolio?
Click « Add to portfolio » on this page: the asset joins your active portfolio.
Is this investment advice?
No. GraphTrade provides information and analysis tools only.
◆ Assets similar to DigiByte
Information only, not investment advice.